Back to today’s briefing

Story perspectives

Trump Targets Venezuela's Oil Post-Maduro Capture

1/14/2026

47 9

Summary

Story summary

Following the capture of Venezuelan President Nicolás Maduro, U.S. President Donald Trump announced plans to invest in Venezuela's oil sector.
Venezuela holds the largest oil reserves globally but faces production limits from outdated infrastructure and crude characteristics.
Experts say rising output would have only a marginal effect on global supply and prices.
Current low crude prices and higher U.S. production contribute to lower gas prices.

1 of 1

Story summary

Following the capture of Venezuelan President Nicolás Maduro, U.S. President Donald Trump announced plans to invest in Venezuela's oil sector.
Venezuela holds the largest oil reserves globally but faces production limits from outdated infrastructure and crude characteristics.
Experts say rising output would have only a marginal effect on global supply and prices.
Current low crude prices and higher U.S. production contribute to lower gas prices.