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Story summary
- Acting President Delcy Rodríguez removed the PDVSA majority-stake rule.
- Exports rose to 28 million barrels last month, up almost 69 % year-over-year, with over half headed to the United States.
- President Donald Trump said his administration has collected over $13 billion from Venezuelan oil sales since Maduro’s capture, held in custodial accounts for eventual return.
- Homayoun Falakshahi said upgrading Venezuela’s oil infrastructure will require $50-$100 billion over the next five to ten years.
