Image missing.
Trump Wants Venezuela’s Oil. Getting It Might Not Be So Simple

Molly Taft

created: Jan. 4, 2026, 7:25 p.m. | updated: Jan. 21, 2026, 6:18 p.m.

President Donald Trump has made it clear: His vision for Venezuela’s future involves the US profiting from its oil. Trump has repeatedly implied that freeing up all that oil and increasing production would be a boon for the oil and gas industry—and that he expects American oil companies to take the lead. Any more big, unpredictable shakeups—in supply, regulatory environments, tariffs, or otherwise—could not come at a worse time for American oil. A number of both short- and long-term decisions could affect how the US invasion of Venezuela plays out for American oil. First there’s the question of what happens to all the oil Venezuela is currently sitting on.

1 month, 3 weeks ago: Science Latest