President Donald Trump escalated from CIA operations and sanctions to a massive U.S. military attack on Venezuela, capturing Nicolás Maduro. Washington made its intention clear when Secretary of State Marco Rubio indicated that another socialist country, Cuba, may be the next target. The South American country possesses the largest proven oil reserve in the world, with an estimated 300 billion barrels. However, Trump said vehemently that Washington would capture the oil reserve and the US firms would get access to the vast reserve. Chevron is the only US firm operating in the Venezuelan oil fields at present.

Source: dna January 04, 2026 10:34 UTC