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news Dw English 2026-04-20

Venezuela transitions oil sector through privatization

Following the US ousting of Maduro, Venezuela's oil industry is undergoing a rapid transition. The interim government is currently seeking investors, though it lacks broad democratic support.


After the US ousted Maduro and effectively seized control of Venezuela's oil industry, the country's economy has been transitioning rapidly. The interim government is wooing investors but lacks democratic backing.

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