Why Trump Is Fixated on Venezuelan Oil

Lucian Nemoiu

Trump administration officials on Wednesday outlined a plan to effectively assume control of the sale of oil from Venezuela indefinitely after the U.S. captured the country’s president, Nicolás Maduro, in a military raid. The details emerged throughout the day, as cabinet officials sought to fill in the gaps of what President Trump had sketched out on social media. Our energy reporter, Rebecca F. Elliott, explains what to know about Venezuela’s oil reserves. Video by Rebecca F. Elliott, Melanie

Why Trump Is Fixated on Venezuelan Oil The New York Times - 08.01.2026 03:40
Why Trump Is Fixated on Venezuelan Oil The New York Times - 08.01.2026 03:40

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Why Trump Is Fixated on Venezuelan Oil The New York Times - 08.01.2026 03:40
Why Trump Is Fixated on Venezuelan Oil The New York Times - 08.01.2026 03:40