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Macro Finance

Glencore, Peabody and Heeney Mull Coal Deals in Venezuela

Bloomberg Markets·September 30, 2026·1 min read

Glencore Plc, Peabody Energy Corp., and Heeney Capital are weighing deals to produce coal in Venezuela, as the Trump administration pushes US-allied companies to develop the nation's resources beyond oil. The potential coal ventures mark an expansion of foreign investment in Venezuela's energy sector, aligning with US policy goals.

Read at Bloomberg Markets
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