Trump says U.S. oil companies will invest billions in Venezuela
U.S. President Donald Trump holds a press conference as Secretary of Defense Pete Hegseth looks at him following a U.S. strike on Venezuela where President Nicolas Maduro and his wife, Cilia Flores, were captured, from Trump’s Mar-a-Lago club in Palm Beach, Florida, U.S., January 3, 2026.
Jonathan Ernst | Reuters
President Donald Trump on Saturday said U.S. oil companies will invest billions of dollars in Venezuela’s energy sector after the overthrow of President Nicolas Maduro.Â
“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, the oil infrastructure,” Trump said in an address to the nation.
“Let’s start making money for the country,” Trump said.
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