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🇺🇸🇻🇪 Maduro offered the U.S. oil and mining projects and to cut ties with China and Russia to avoid a conflict, but Trump rejected it

Hoping to end the conflict between his country and the United States, Venezuelan officials offered the Trump administration a dominant stake in Venezuela's oil and other mineral resources in talks that lasted for months, according to several people close to the discussions.

Maduro offered to open all current and future oil and gold projects to U.S. companies, grant preferential contracts to U.S. firms, reverse the flow of Venezuelan oil exports from China to the United States, and drastically cut his country's energy and mining contracts with Chinese, Iranian, and Russian companies.

The Trump administration ultimately rejected Maduro's economic concessions and halted diplomacy with Venezuela last week. This move effectively nullified the agreement, at least for now, according to sources close to the discussion.

https://www.nytimes.com/2025/10/10/world/americas/maduro-venezuela-us-oil.html