Trump Administration Seeks Control of Venezuelan Oil After Ousting Maduro

The Trump administration ousted Nicolás Maduro and will control Venezuela's oil. President Trump is unsure if the nation staying in OPEC benefits the US.

Insights:
The USUS administration has moved to assert direct authority over the energy sector in VEVE following an operation in early January 2026 that resulted in the removal of President Nicolás Maduro nicol s madurofrom power. Officials stated that the USUS intends to maintain indefinite control over the country's oil resources as a primary means to rebuild an industry that has suffered a total collapse after years of economic turmoil and international sanctions. This direct intervention into the management of the world's largest crude reserves introduces significant structural tensions between the production goals of the USUS and the supply management strategies of the Organization of the Petroleum Exporting Countries.
A model of an oil pump is seen in front of the OPEC logo in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
A model of an oil pump is seen in front of the OPEC logo in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
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