The United States government on Wednesday further asserted its self-appointed role in turning around Venezuela’s dilapidated oil industry with the arrival of Energy Secretary Chris Wright to the South American country for a firsthand assessment.
Wright’s visit comes as the administration of U.S. President Donald Trump continues to lift sanctions to allow foreign companies to operate in Venezuela and help rebuild the nation’s most important industry. It follows last month’s enactment of a Venezuelan law that opened the nation’s oil sector to private investment, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades.
