A flame burning natural gas at an oil treatment plant operated by Venezuela's state oil company PDVSA

Trump wants Venezuela's oil. Will his plan work? – BBC

January 4, 2026

Trump wants Venezuela’s oil. Will his plan work? BBCTrump’s focus on Venezuelan oil reinforces claim action was never about ‘war on drugs’ The GuardianTrump wants the US oil industry to thrive in Venezuela again. That won’t be easy CNNTraders braced for oil market upheaval after Trump’s Venezuela strikes Financial TimesVenezuela has the world’s largest oil reserves – but can Trump reverse the production decline? Sky News