Trump team eyeing Iraq oil playbook to revive Venezuela’s battered fields

TL;DR Summary
As the Trump administration prepared to capture Maduro, officials studied how the Iraq invasion affected oil output, warning that Iraqi distrust of foreigners hindered production and suggesting that reviving Venezuela’s oil would hinge on trust-building and large-scale investment; Trump has pressed major and smaller oil firms to invest, while using a US-controlled account to manage proceeds, though it remains unclear how much Iraq lessons are guiding policy or if they’ll alter his approach.
- Before capturing Maduro, Trump admin sought lessons from Iraq war to get Venezuela’s oil flowing CNN
- US eases sanctions on Venezuelan oil industry Reuters
- US Issues License for Oil Companies to Operate in Venezuela Bloomberg
- Treasury opens Venezuelan crude oil trading up to more companies Politico
- Opinion | Venezuela Can Learn From an Iraq Mistake The Wall Street Journal
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