Trump Plans To Take Venezuelan Oil Because Global Nap Time Is Over
KEY POINTS
- â˘President Trump announced on Truth Social plans to obtain up to 50 million Venezuelan oil barrels valued at $2.5 billion by January 2026.
- â˘On January 7, Trump will meet a dozen oil executives to discuss expanding Venezuelan oil production amid Maduroâs capture for drug trafficking.
- â˘Secretary of State Marco Rubio is pressuring acting president Delcy Rodriguez to expel Chinese, Cuban, Iranian, and Russian intelligence officers from Venezuela.
In a bold move colder than Rubio's Miami standoff glare, Trump announced on Truth Social that the US will bag up to 50 million Venezuelan oil barrels, worth about $2.5 billionâthink of it as Venezuela's gift under duress. Meanwhile, the White House is throwing a White House mixer Friday with a dozen oil execs, presumably because capitalism is harder without oil. The blood-drama subplot includes Maduro's surprise kidnapping over alleged drug traffickingâlike Game of Thrones but with more oil and fewer dragons. Rubioâs busy kicking out Chinese, Cuban, Iranian, and Russian spies, because Venezuelaâs guest list just got less global. All this happens while Venezuela teeters under US sanctions, Maduroâs oil output tanked from 3.5 million barrels in 2013 to a Sahara-esque 800,000 barrels today, and the regime freebies oil to Cuba, Russia, and China like Santaâs worst-kept secret. This ârealpolitikâ chaos is narrated by officials preaching elections sometime, but only after Trump resurrects Venezuelaâs oil economy from the dead and Delcy Rodriguezâwho reportedly must play nice or elseâkeeps the lights on. Oil, politics, and arrest warrants: the petrocircus rolls on.
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Source: Axios | Published: 1/7/2026 | Author: Marc Caputo