Trump Canceled Plans to Attack Venezuela

Trump's Statement on Venezuela

Former US President Donald Trump positively assessed Venezuela's efforts to rebuild its oil and natural gas infrastructure in a post on the Truth Social platform. Trump emphasized that Venezuela is working in 'good cooperation' with the US regarding the release of many political prisoners, suggesting that this means a new wave of attacks will not occur.

Fluctuations in Oil Prices

Following Trump's statement, Brent crude futures partially reversed their gains, trading at 62.10 dollars at 09:52 London time. The former president plans to meet with US oil executives to discuss the goal of rebuilding Venezuela's energy sector.