Trump’s possible visit would mark the first trip by a sitting U.S. president to Venezuela in years and symbolize a dramatic shift in bilateral relations after a prolonged period of hostility.

The United States government on Wednesday further asserted its self-appointed role in turning around Venezuela’s dilapidated oil industry with the arrival of Energy Secretary Chris Wright to the South American country for a firsthand assessment.

The United States has sent a shipment of medicines and medical supplies to Venezuela, reflecting what many say is a new spirit of cooperation between the two countries.

The South American country has natural gas that could be extracted and exported quickly, but U.S. sanctions, which are now being eased, have stymied development.

Laura F. Dogu, the United States’ new top envoy to Venezuela, arrived in Caracas on Saturday as the Trump administration aims to reopen an embassy there for the first time in nearly seven years.

US Energy Secretary Chris Wright was in Venezuela on Wednesday for talks with acting president Delcy Rodriguez and oil industry executives on harnessing the country's vast reserves of

Venezuela has rejected a Bloomberg report claiming the country exported crude oil to Israel, calling the story fabricated and unsupported, while the agency maintained a narrative based largely on anonymous sources and indirect indicators.