Oil Deal

Venezuela

Trump Administration Awards First Venezuelan Oil Sale to Megadonor’s Company in Post-Maduro Era

In a move that signals a radical departure from traditional foreign policy and a return to "transactional diplomacy," the Trump administration on January 16, 2026, finalized the first major sale of Venezuelan crude oil since the military ouster of Nicolás Maduro earlier this month. The deal, valued at

Venezuela

US Takeover of Venezuelan Oil: Market Surges as $3 Billion in Crude Flows to Gulf Coast Refineries

In a week that has fundamentally altered the geopolitical and economic map of the Western Hemisphere, the United States has finalized a landmark agreement to take control of and market approximately 30 to 50 million barrels of Venezuelan crude oil. Following the capture of Nicolás Maduro on January 3, 2026,