Donald Trump highlights relationship with Venezuela and oil profits

U.S. President Donald Trump said Washington maintains an excellent relationship with Venezuela, framed by a commercial dynamic that is highly profitable for the U.S. energy sector, according to Noticias Barquisimeto on October 7, 2026. According to his remarks, crude extraction has made it possible to recover the costs of operations carried out in the South American country.

Bilateral energy trade rests on an oil business model that is extremely advantageous for the U.S. treasury, the president said while praising the work of the teams involved in this exchange of resources.

Meanwhile, the newspaper Contrapunto reported on October 7, 2026, the reactivation of the express service known as the Tren Guaicaipuro on Line 2 of the transport system, a project designed to connect the capital of Miranda state with central Caracas.

For its part, the newspaper El Nacional reported on October 6, 2026, that Venezuela remains in last place in the world ranking of economic freedom, a result that reflects weaknesses in areas such as legal security, property rights and monetary stability.

To put macroeconomic performance in perspective, the International Monetary Fund recorded real GDP growth of 4.0% in 2023 and 5.3% in 2024, followed by a slowdown to 1.5% in 2025. The fund's projections also estimate growth of 4.0% for 2026 and 6.0% for 2027, with the last two being future estimates rather than observed data.