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Venezuela - Trump and Oil


2026-01-06 14904

 

Explaining a Global Shock in Simple Terms

 

There Are No More Secrets: How Power, Oil, and Politics Are Now Played Out in Public

 

 

(Arun Arokianathan) 

 

There is no longer a world where leaders or countries quietly pursue their geopolitical interests behind closed doors. Everything is now done in public, in real time, on social media and live television.

Donald Trump, a leader who did not come from a traditional political background, shows this reality very clearly. He does not hide intentions behind careful diplomatic language. He says things openly, loudly, and directly — whether the world agrees or not.

What happened in Venezuela is a clear example of this new reality.

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What Trump says happened in Venezuela

 

Trump announced publicly that the United States carried out large-scale military strikes in Venezuela and captured President Nicolás Maduro and his wife, flying them out of the country. He shared images and statements without waiting for long diplomatic explanations.

He also said something even more striking: The U.S. would “run” Venezuela for a period of time until there is what he called a “safe and proper transition.”

Trump openly warned that if needed, the U.S. was ready for a second and much larger attack.

This kind of statement, made so directly and publicly, would have been unthinkable a generation ago.

 

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Venezuela’s response: “Maduro is still president”

Venezuela’s government immediately rejected Trump’s claims.

Vice-President Delcy Rodríguez went on state television and said clearly:

 

  • Nicolás Maduro is still Venezuela’s only president
  • The country is under military aggression
  • A national emergency has been declared
  • Venezuela is ready to defend itself

In short, two completely opposite versions of reality are now being presented to the world — both in public.

 

This didn’t start overnight: a simple timeline

 

To understand why Venezuela keeps returning to global headlines, we need to look at oil and money, not just politics.

 

1. Venezuela’s oil is massive

Venezuela has the largest proven oil reserves in the world — even more than Saudi Arabia.

Approximate global rankings:

 

  • Venezuela: ~303 billion barrels
  • Saudi Arabia: ~267 billion barrels
  • Canada: ~170 billion barrels
  • Iran: ~155 billion barrels
  • Iraq: ~145 billion barrels

Oil is not just fuel. Oil equals money, power, and influence.

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2. U.S. oil companies were pushed out (2007)

In 2007, under President Hugo Chávez, Venezuela changed its oil laws.

 

  • Foreign oil companies had to give majority control to the Venezuelan state company.
  • Major U.S. companies like ExxonMobil and ConocoPhillips refused.
  • They left Venezuela and later fought legal battles over compensation.
  • This was the moment many describe as U.S. oil companies being effectively forced out.

From that point on, relations with Washington steadily worsened.

 

3. Sanctions replaced soldiers

Years later, instead of troops, pressure came through:

 

  • Sanctions
  • Banking restrictions
  • Insurance bans on oil shipments
  • Limits on using the U.S. dollar system

Venezuela could still have oil — but selling it and getting paid became extremely difficult.

The real issue: money systems, not just leaders

Investor and author Robert Kiyosaki explains this in very simple terms:

Modern conflicts don’t start with bombs. They start with money control.

When a country:

 

  • Loses access to global payment systems
  • Can’t insure its oil shipments
  • Can’t settle trades in major currencies
  • Has its reserves frozen

It may still have an army — but it no longer controls its future.

Trump’s own words support this idea. He openly said:

 

  • U.S. oil companies would fix Venezuela’s oil infrastructure
  • Oil production would restart
  • This would benefit both Venezuela and the U.S.

This level of honesty is new — and unsettling.

 

The human cost that often gets ignored

 

While leaders argue, ordinary people suffer.

Out of about 30 million Venezuelans, nearly 8 million now live outside the country as refugees or migrants. That makes Venezuela one of the largest humanitarian crises in the world.

These people live in Colombia, Peru, Brazil, Chile, the U.S., and Canada — trying to survive, not debate ideology.

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Global reaction: confusion and concern

 

The United Nations Security Council called an emergency meeting.

Different countries reacted differently:

 

  • Some said Maduro lacks legitimacy but warned against military action
  • Others condemned the U.S. for violating international law
  • Major powers warned that this sets a dangerous precedent

Even close U.S. allies are cautious.

What this means for ordinary people

This story is not just about Venezuela.

It sends a message to every country:

If your money system, trade, and currency depend on someone else, your sovereignty is fragile.

That’s why we are seeing:

 

  • Countries trading in local currencies
  • Central banks buying record amounts of gold
  • New payment systems being built outside the U.S. dollar

Not because the dollar is “bad” — but because dependence is risky.

'We are going to Run the country'- Trump

 

Final thought

 

Trump didn’t invent this system. He just stopped pretending it doesn’t exist.

In today’s world:

 

  • Power is public
  • Motives are spoken out loud
  • Oil, money, and politics are openly connected

There are fewer secrets now — only consequences.

And as always, when global power struggles play out, ordinary people pay the price first

 

End Credit & Sources

 

Article Compiled By Arun Arokianathan Freelance Journalist

Reporting & Official Statements

 

  • Public statements and press briefings by the U.S. administration
  • Statements from the Venezuelan government and Vice-President
  • Official remarks shared via public broadcasts and verified public channels

International Reporting & Analysis

 

  • BBC News – U.S. State Department & Latin America coverage
  • Reuters – Venezuela, oil, sanctions, and U.S. foreign policy reporting
  • Associated Press (AP) – International reaction and UN developments

Oil & Energy Data

 

  • OPEC Annual Statistical Bulletin
  • Energy Institute / BP Statistical Review of World Energy
  • U.S. Energy Information Administration (EIA)
  • Reuters Energy and Commodities Data

Historical & Legal Context

 

  • Reporting on Venezuela’s 2007 oil nationalization
  • Arbitration cases involving ExxonMobil and ConocoPhillips
  • U.S. Treasury (OFAC) sanctions and licensing records

Economic & Financial Perspectives

 

  • Public commentary by Robert Kiyosaki (Rich Dad Poor Dad)
  • IMF, World Bank, and UN analysis on sanctions, currency systems, and global finance

Humanitarian Data

 

  • United Nations High Commissioner for Refugees (UNHCR)
  • International Organization for Migration (IOM)

Images & Visual References

 

  • Public-domain and press-distributed images
  • News agency photography (Getty Images / Reuters / EPA, where credited)

 

Editorial Note

 

This article is compiled for public understanding and educational purposes. It reflects reported statements, verified data, and expert commentary available at the time of publication and does not endorse any political position.

This article is written by Arun Arokianathan, an Asia Journalism Fellow and Chevening SAJP Fellow. As a non-native English writer, I openly acknowledge using AI tools like ChatGPT, Claude, and Perplexity to help refine my ideas, conduct research, organize my thoughts, generate images, and polish the final piece, so that my perspective could speak clearly to fellow right-thinking people around the world.

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