The Trump administration is developing a plan to control Venezuela's oil in the coming years to lower the price of this resource, the Wall Street Journal reports.
"Trump and his advisers are planning a massive initiative to dominate Venezuela's oil industry in the coming years.
and the president has told advisers he believes his efforts can help bring oil prices down to his desired level of $50 a barrel," the publication said.
According to the publication's sources, the plan envisages establishing some control over Venezuela's state oil company, PDVSA, including the acquisition and sale of a major part of its production.
