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The United States has granted a license to India's ONGC to expand its operations in Venezuela, boosting oil output and investment. The move is part of a broader push by U.S. majors to accelerate Venezuela's oil revival under Trump's new energy order. A Trump-linked fixer is promoting 'America First' oil deals in the country. Meanwhile, U.S. shale majors are cutting spending despite higher oil prices.
by WorldBrief & Maksim Micheliov | AI-generated summary
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