Energy Secretary Chris Wright is looking to secure oil and critical minerals deals with Venezuela in the next few weeks ahead of a trip to Caracas, he said in a Friday interview with Axios. Why it matters: The deals could give the U.S. exclusive access to key resources while helping finance the reconstruction of Venezuela’s ailing economy. What they’re saying: “Our hope is that later this year, with bringing some stability with Venezuela, with some help from American assistance, commercial help — no money from our government, no subsidies — but by getting a more stable business environment, we’ll see growing production out of Venezuela that’ll increase dramatically,” Wright told Axios.
Exclusive: Energy secretary discusses plans for oil, minerals
