Venezuela

The US plans to make big changes to Venezuela’s oil industry. US President Donald Trump said that American oil companies will now be able to invest in Venezuela to “repair the badly damaged oil infrastructure and start making money for the country”, Logos Press reported, citing RBC.

US President Donald Trump has said he intends to govern Venezuela for as long as it takes.

When talking about Venezuela, everything is reduced to the slogan: “The U.S. came for oil”. This is convenient, but fundamentally wrong. Venezuela is not a “banana republic” that you can carry under your arm. Yes, it has colossal reserves (about 303 billion barrels), but due to years of devastation, the country produces only 1% of the world’s oil.

Yesterday, January 3, the U.S. struck Venezuelan government and military facilities. The country’s President Nicolas Maduro was captured and taken out of the country. How the international community reacted, Logos Press reports with reference to RBC.

US President Donald Trump gave an emergency press conference where he said that Operation Absolute Resolute in Venezuela had gone perfectly. But most importantly, the United States will run the country until there is a safe transition.

Between Jan. 2 and Jan. 3, 2026, around 2 a.m., at least seven explosions rang out in Venezuela’s capital, Caracas, and at least 11 targets were attacked by the U.S., Logos Press reported.