U.S. will look to tap Venezuelan oil reserves, Trump says

President Donald Trump said Saturday that the removal of Venezuela President Nicolás Maduro from power will open the door to the country’s vast oil reserves, a move that has the potential to reshape the global energy market.“We’re going to have our very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure and start making money for the country,” Trump said in a public address.“They were pumping almost nothing by comparison to what they could have been,” he said

Published: January 3, 2026 5:33 pm

Source: NBC News — Read original