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Companies like Exxon Mobil and ConocoPhillips say that Venezuela owes them billions of dollars for confiscating their assets two decades ago.
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Oil companies and their shareholders may benefit from President Trump's military action in Venezuela — but it also could benefit many other U.S. investors.
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One key will be whether the court's ruling is a clean decision, or if some IEEPA tariffs are permitted.
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Trump pledged to use proceeds from the sale of this oil "to benefit the people" of both countries.
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Greenland possesses 39 of the 50 minerals the United States has classified as critical to national security.
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Chris Wright said the Trump administration was in "active dialogue" with Venezuela's government about the plan.
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Live Updates: U.S. Intercepts Russian-Flagged Tanker; Trump Says Venezuela Will Start Sending Oil The New York TimesOil ship seized by the U.S. over Venezuela sanctions was newly registered under Russian flag CNBCExclusive | Russia Sends Submarine to Escort Tanker the U.S. Tried to Seize Off Venezuela The Wall Street Journal
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It is unclear what, if anything, Venezuela would get in return for the oil, which is worth somewhere between $1.8 billion and $3 billion at current market prices.
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Fear grips Caracas as a new wave of repression is unleashed in Venezuela The Washington PostArmed militias deployed in Venezuela as regime attempts to impose authority The GuardianDays after US attack, weary but resilient Venezuelans try to return to normal amid fears of repression CNNMaduro's motorcycle thugs go door to door in hunt for Trump supporters The TelegraphVenezuelan security forces detain journalists from foreign news organisations BBC
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The U.S. Department of Labor this week proposed a rule that would reverse a regulation put forward during the Trump administration designed to expand the formation and use of association health plans.
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