Trump promises oil executives ‘total safety’ if they invest in Venezuela

In January 2026, US President Donald Trump met with oil executives at the White House to encourage them to invest in Venezuela's oil sector. Trump promised "total safety" for their investments, assuring them they would deal directly with the US government, not Venezuela. He stated that the US is seeking $100 billion in investments from major oil companies to revive Venezuela's oil production capabilities. The meeting followed the US seizure of multiple tankers linked to Venezuelan oil, signaling the US government's intent to control the country's oil sector. Seventeen companies, including Chevron, ExxonMobil, and ConocoPhillips, were invited to the meeting.

According to reports, Donald Trump plans to leverage Venezuela's vast oil reserves to control oil production in the Western Hemisphere, aiming to lower US oil prices to around $50 a barrel. The strategy involves increasing Venezuela's oil output and restricting access for Russia and China. The US has already laid claim to 50 million barrels of Venezuelan crude and seized a Russian oil tanker linked to Venezuela. Trump stated that Venezuela would use oil sale profits exclusively to purchase American-made goods. Experts question the feasibility of revitalizing Venezuela's oil industry to achieve the desired production increase.

President Trump claimed Venezuela would send 30 to 50 million barrels of oil to the United States, with profits controlled by the U.S. "to benefit" both countries. The claim follows the capture of President Maduro and amid threats of a naval blockade. It's unclear what Venezuela would receive in return for the oil, valued at $1.8 to $3 billion, or the legal basis for the U.S. to claim it without Caracas's agreement. The timeline and source of the oil are also unspecified. The announcement comes as Venezuelan officials intensify crackdowns on citizens. U.S. officials plan to meet with Western oil companies to discuss next steps in Venezuela, with Energy Secretary Wright meeting executives Wednesday and Trump potentially meeting with major oil companies Friday.

The United States seized an oil tanker, previously named Bella 1, in the North Atlantic on Wednesday after a two-week pursuit. The tanker, attempting to evade U.S. efforts to curb Venezuelan oil exports, was initially stopped in the Caribbean while en route to Venezuela to load oil. The crew then flew a Russian flag, prompting Russia to send a naval vessel to escort it. However, no Russian vessels were present when the U.S. Coast Guard boarded the ship, averting a potential confrontation. The seizure signals the U.S. will continue enforcing a partial blockade on Venezuelan oil following the capture of Nicolás Maduro. The U.S. intends to oversee the sale of Venezuela's oil.

A Venezuela-linked oil tanker, formerly named Bella 1, evaded the U.S. Coast Guard by changing its name to Marinera, reflagging to Russia, and painting a Russian flag on its hull. The tanker, part of the "dark fleet," was later spotted off the coast of Ireland, prompting aerial surveillance by the U.S., U.K., France, and Ireland. Russia has reportedly deployed a submarine and naval assets to escort the tanker to its waters. The U.S. has been tracking the vessel since December, intensifying enforcement against Venezuelan oil shipments. Russia formally requested the U.S. cease its pursuit of the tanker in early January.

In January 2026, the United States, under President Donald Trump, abducted Venezuelan President Nicolas Maduro, raising concerns about escalating tensions with Iran. Experts suggest this action, following threats of new strikes against Iran and a meeting with Israeli Prime Minister Benjamin Netanyahu, could increase the likelihood of conflict. Analysts believe the abduction reinforces Iranian suspicions about US intentions and diminishes the possibility of diplomatic negotiations. Some fear it might prompt Iran to take actions, such as developing military deterrence, that could trigger military action from the US or Israel. The situation has led to assessments that the US, Israel, and Iran are on a path towards potential conflict.

Russia has sent a naval vessel to escort an oil tanker, formerly known as the Bella 1 and now called the Marinera, which the United States is attempting to seize. The U.S. has been pursuing the tanker for weeks after it allegedly tried to evade a partial blockade around Venezuela. The U.S. Coast Guard initially stopped the tanker in the Caribbean Sea on December 21st, claiming it lacked a valid flag, but the ship refused boarding and sailed into the Atlantic. Russia has taken steps to protect the tanker, including adding it to a Russian ship database and requesting the U.S. cease its pursuit. The tanker is currently sailing northeast in the Atlantic Ocean between Iceland and Britain.

On January 4, 2026, the United States allegedly conducted a swift regime change operation in Venezuela. According to the report, the US bombed Venezuela and abducted President Nicolas Maduro and his wife from their compound in Caracas. The report states that Maduro and his wife were then taken to a detention center in New York. The article details the alleged overnight events leading to this change in power. The reasons behind the US's alleged actions were not specified in the provided information.

According to Venezuelan officials, a U.S. military operation, "Operation Absolute Resolve," to capture President Nicolás Maduro in Caracas, Venezuela, resulted in approximately 100 deaths. The operation, led by Delta Force, took place over the weekend. Venezuela's interior minister, Diosdado Cabello, reported Maduro sustained a leg injury and his wife, Cilia Flores, a head injury. Cuba claims 32 of its military personnel, who were in Venezuela at the request of the government, were also killed during the operation. A U.S. official stated that seven U.S. service members were injured, with five already returned to duty. Venezuela has declared a week of mourning for the deceased military members.

President Trump announced the U.S. will govern Venezuela until a transition can occur. On January 3rd, the U.S. launched strikes in Venezuela, capturing President Nicolas Maduro and his wife. Trump stated the couple was apprehended at a fortified residence and will be transported to New York, with only minor U.S. injuries reported. Attorney General Pam Bondi announced Maduro's indictment in New York on drug and weapons charges, stating he will be prosecuted in American courts. In response, Venezuela declared a national emergency, condemning what it described as "extremely serious military aggression" by the U.S.

Explosions were reported in Caracas, Venezuela, on Saturday, January 3, 2026, with the cause of the blasts currently unknown. The incident follows months of increasing pressure from the United States on Venezuelan President Nicolás Maduro, whom the U.S. government accuses of leading a "narco-terrorist" state and controlling drug trafficking groups. The U.S. military has increased its presence in the Caribbean since late August, engaging in operations against vessels allegedly involved in drug smuggling. These actions have resulted in numerous deaths and have been criticized as potential extrajudicial killings. The situation is ongoing, and further updates are expected.

On January 3, 2026, Venezuelan President Nicolas Maduro's government declared a national emergency following a series of attacks across the country. Venezuela accused the United States of military aggression, alleging attacks on civilian and military installations in multiple states. In response, then US President Donald Trump claimed the United States had "captured" Maduro and his wife and removed them from Venezuela. The alleged capture followed what Trump described as "large-scale" strikes. The events took place amidst rising tensions between the two nations.

In a phone interview with The New York Times on January 3, 2026, President Trump confirmed and celebrated the U.S. capture of Venezuelan leader Nicolás Maduro. Trump described the operation as "brilliant," citing "good planning" and "great troops." The interview occurred shortly after Trump announced the capture on social media. When asked if he had consulted Congress before the military action, Trump stated that they would discuss it later at a planned news conference. He declined to elaborate on the future of Venezuela or the justification for the mission, promising further details at the 11 a.m. press conference at Mar-a-Lago. The brief phone call lasted less than a minute.

A video shows the aftermath of explosions that occurred across Venezuela early Saturday morning, January 3, 2026. The video was filmed in the port city of La Guaira. Venezuelan President Maduro has declared a state of emergency in response to the explosions. Maduro is accusing the United States of orchestrating the strikes. The extent of the damage and the specific targets of the explosions are not detailed in the report.

On January 3, 2026, low-flying aircraft were observed over Caracas, Venezuela, while multiple explosions occurred throughout the city. The Venezuelan government has accused the United States of attacking civilian and military installations in several Venezuelan states. The specific targets of the alleged attacks and the extent of the damage remain unclear. The motive behind the purported attacks, according to the Venezuelan government, is to destabilize the country. Further details are awaited as the situation develops.

On January 3, 2026, explosions and smoke were reported in Caracas, Venezuela. The events occurred amid heightened tensions between Venezuela and the United States. Power outages were also reported near a key military base in the capital city. There were also reports of low-flying aircraft over Caracas. Al Jazeera reported on the situation, with Lucia Newman providing details as they became available. The cause of the explosions and the extent of the damage remain unclear.