Story perspectives
Trump's Bold Move: Venezuelan Oil to Challenge China
1/11/2026
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Trump Targets Venezuelan Oil
- U.S. President Donald Trump plans to import sanctioned Venezuelan oil to dominate the Western Hemisphere and target China.
- The plan is part of the Donroe Doctrine after Nicolás Maduro, the Venezuelan president, was ousted.
- Caracas has agreed to export up to $2 billion in oil, with shipments soon.
- The United States aims to reroute 50 million barrels away from China, and U.S. oil companies may face risks and costs.
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