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Shared Interests Bridge Political Divides; Venezuelan Oil Field Shares May Serve as a "Bargaining Chip" to Appease Europe
Ashley Kelty, an analyst at Panmure Liberum, noted that offering stakes in Venezuelan oil fields to European oil giants would help allay European leaders’ concerns about President Donald Trump’s interference in Venezuela.Kelty believes that if France’s Total Energies or Spain’s Repsol were to secure significant opportunities in Venezuelan oil fields, the governments of those countries would be less likely to object to Donald Trump’s actions.Reflecting this expectation, Repsol’s stock rose 2.4% to €16.81, while Total Energies remained flat at €56.05.
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