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Event Brief

Venezuela Debates Oil Sector Overhaul Amid US Interest

Venezuela's legislature moves to loosen state control over oil, inviting US firms to participate.
WHO: Venezuelan legislature
WHAT: Debate on oil sector overhaul
WHEN: Jan 23, 2026 at 1:58 AM ET
WHERE: Venezuela
WHY: To attract foreign investment and modernize the oil industry
Sources (1): NPR

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