WSJ: Trump wants to take control of PDVSA to cut oil prices to $50

12:09 - 8.01.2026

January 8, Fineko/abc.az. U.S. President Donald Trump and his administration plan to establish control over Venezuelan state oil company PDVSA in order to eventually lower oil prices to around $50 per barrel.

ABC.AZ reports that The Wall Street Journal writes about this, citing sources.