Business & Economics
Trump Orders Immediate U.S. Take-Over of 30–50 Million Venezuelan Barrels After Maduro’s Capture
On 7 Jan 2026, four days after U.S. forces seized Nicolás Maduro, President Trump announced interim Venezuelan authorities will ship 30–50 million barrels of crude to the United States under his direct control for sale.
Focusing Facts
- Trump’s Truth Social post and Fox/MS NOW interviews on 7 Jan 2026 specify a transfer of “between 30 and 50 million barrels” to begin “immediately,” overseen by Energy Secretary Chris Wright.
- Maduro was captured in Caracas by U.S. special forces in a 3 Jan 2026 raid and flown to New York on drug and weapons charges, with vice-president Delcy Rodríguez sworn in as interim president.
- Chevron, ExxonMobil and ConocoPhillips executives were summoned to meet Energy Secretary Wright in Miami the week of 8 Jan 2026 to discuss multibillion-dollar investments to raise output from roughly 1 mb/d to pre-1999 levels.
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