Trump’s Venezuelan Oil Grab

Inside Climate News · By Marianne Lavelle · last updated January 11, 2026 – 12:08 AM

Go behind the scenes with executive editor Vernon Loeb and Washington bureau chief Marianne Lavelle as they discuss the complex and uncertain future of America’s oil interests in Venezuela.

By Marianne Lavelle

After the United States’ dramatic raid and capture of Venezuelan President Nicolás Maduro, the Trump administration announced that U.S. oil companies would step into the high-cost, high-risk venture of rebuilding the Venezuelan industry.

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