Business & Economics

U.S. Forces Remove Maduro; Trump Vows American-Led Revival of Venezuela’s Oil

In a 3–4 Jan 2026 operation, U.S. troops captured President Nicolás Maduro and Donald Trump proclaimed Washington would “run” Venezuela while American oil majors pour billions into restoring its crippled crude industry.

By Tomás Rydell

Focusing Facts

  1. Maduro and wife Cilia Flores were seized in Caracas on 3 Jan 2026 and flown to New York to face U.S. narco-terrorism charges.
  2. Venezuela’s Supreme Court installed Vice-President Delcy Rodríguez as interim president within 24 hours of the raid.
  3. Venezuela holds 303 billion barrels of proven reserves—about 17 % of global crude—but currently pumps only ~1 million b/d.

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  • Business- and market-focused media
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  • Progressive/anti-imperialist outlets
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