Venezuelan oil

U.S. companies will start drilling Venezuelan oil “very soon” President Donald Trump told reporters aboard Air Force One on Thursday.

President Donald Trump announced early Friday morning that he has “cancelled” what he called an “expected second Wave of Attacks” against Venezuela because its leaders were cooperating with the U.S. “Venezuela is releasing large numbers of political prisoners as a

Ship tracking services detected around a dozen ships identified as loaded oil tankers departing from Venezuela in the first week of 2026, all of them targeted by U.S. sanctions.

President Donald Trump said Sunday, “We’re going to run everything,” when asked what would happen to Venezuela’s oil reserves, which are worth trillions of dollars. 

The Chinese Foreign Ministry issued an incensed statement on Saturday condemning the capture of Nicolás Maduro.

President Donald Trump announced that United States oil companies will “fix” Venezuela’s “badly broken” oil infrastructure after the capture of the country’s former dictator Nicolás Maduro.

Nearly one in three (30 percent) of Americans drove less in February, with the majority of those citing President Biden’s high gas prices as the cause for less driving time, a Monday Morning Consult poll revealed. 

International oil experts have warned that Venezuela’s production is in “free fall” and could soon fall as low as under one million barrels per day as a result of the socialist country’s severe economic crisis. 

An organization representing Venezuelan exiles have urged the Trump administration to impose an “urgent” oil embargo on the country’s ruling socialist dictatorship.

Venezuela’s socialist regime will soon launch its own cryptocurrency in a bid to raise hard currency amid an economic and humanitarian crisis that has brought the government to the brink of collapse.

Authorities in Venezuela have arrested two key officials from the company’s state-run oil company on alleged corruption charges, as socialist dictator Nicolás Maduro continues to tighten his grip on the industry and the country as a whole.

Venezuelan dictator Nicolás Maduro and Russian president Vladimir Putin met on Wednesday and agreed to strengthen ties between the two nations and discuss the possibility of restructuring some of Venezuela’s considerable Russian debt.

Venezuela will no longer accept oil payments in U.S. dollars, in an act widely seen as a retaliation against the United States, The Wall Street Journal has revealed.

Venezuela’s government has spent at least $7.8 million on Washington lobbyists in an attempt to prop up its oil revenues since 2013 amidst the country’s deepening economic and humanitarian crisis, a report from the Miami Herald revealed.