US-Venezuela Power Play: Trump's Strategic Overture

The US has seized control of Venezuelan oil resources after President Trump ordered military intervention to remove President Nicolas Maduro. Historically, Venezuela's vast oil wealth has been a pivotal factor in US relations, marked by investment, political tension, and economic sanctions.


Devdiscourse News Desk | Sydney | Updated: 06-01-2026 11:06 IST | Created: 06-01-2026 11:06 IST
US-Venezuela Power Play: Trump's Strategic Overture
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In a dramatic military intervention, US special forces have seized Venezuelan President Nicolas Maduro, marking a significant shift in the US-Venezuela relationship. President Donald Trump declared that the US, now in control, aims to revitalize Venezuela's oil sector for economic gain.

Venezuela holds the world's largest oil reserves, a critical factor in the evolving US foreign policy under President Trump. Historically, US companies have extensively invested in Venezuela's oil industry, despite political tensions and nationalization policies that reshaped control over these valuable resources.

With Maduro's removal, Venezuela's future remains uncertain. The country, plagued by economic challenges and political divisions, faces a new chapter amid ongoing US involvement. This engagement highlights the intersection of global political strategies and substantial economic interests.

(With inputs from agencies.)

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