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Event Brief
Jan 31, 2026 at 4:03 AM ET

Venezuela's Acting President Overhauls Oil Industry

By The BriefBrief
Venezuela's acting president signs law ending state oil monopoly, allowing private control of the industry.
WHO: Venezuela's acting president
WHAT: signs law ending state oil monopoly
WHEN: Jan 30, 2026 at 1:43 PM ET
WHERE: Venezuela
WHY: to reverse decades of socialist policy amid pressure from Trump administration
Sources (3): Buenos Aires Times, Fox News, Sky News

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