September 1, 2026
North American Blue Energy Partners will take over Venezuelan oilfields previously operated by five Chinese companies and one Russian firm, under Trump's production deal. The US State Department gets a 35pc stake and first refusal on 80pc of output.
August 29, 2026
Donald Trump says the US has secured majority control of more than 65 billion barrels of Venezuela's proven oil reserves. No signed instrument has been produced, and the barrels are about a fifth of the country's total.
January 12, 2026
Prisoner releases announced under pressure from Trump, who says US is ‘responsible’ for Venezuela Evelis Cano, mother of jailed Jack Tantak Cano, holds a sign outside Zone 7 of the Bolivarian National Police in Caracas, calling for freedom for all political prisoners. PHOTO: AFP Venezuela announced on Monday that 116 political prisoners had been freed since the government announced last week that it would begin freeing those jailed under President Nicolas Maduro, who was captured by US forces in a raid in Caracas. However, the South American country’s opposition and rights groups report lower figures. Relatives of prisoners have camped
January 10, 2026
A protester holds a Venezuelan flag during a march outside the National Assembly, in Caracas, Venezuela, January 5, 2026. — Reuters US diplomats in Caracas to discuss embassy reopening: officials Venezuela says it will retaliate by sending a delegation to the US. Trump urges US oil giants to fix Venezuela’s energy industry. Venezuela announced on Friday that it had started talks with the United States to restore diplomatic ties, days after US forces ousted Nicolas Maduro from its presidency. It was the latest sign of cooperation after the leftist leader’s arrest and US President Donald Trump’s claim that he is
Venezuelan state oil company PDVSA’s facility near the company’s headquarters in Caracas. — Reuters How the US attack on Venezuela is changing the global oil trade By taking military action against Venezuela and arresting President Nicolas Maduro, the United States of America took the lead over China and Russia. At the same time, it changed the global dynamics of the oil trade. This unprecedented act against a sitting president also enabled Washington to launch any war against major oil supplying countries. After all, Venezuela is a mine of black gold that has five times more oil reserves than the US.
January 8, 2026
Republicans blocked the measures, but the final vote was 49-51 as two GOP senators backed Democrats A photo posted by U.S. President Donald Trump on his Truth Social account shows him sitting next to CIA Director John Ratcliffe as they watch the U.S. military operation in Venezuela from Trump’s Mar a Lago resort in Palm Beach, Florida, U.S., January 3, 2026. PHOTO: REUTERS The US Senate is set to consider a resolution on Thursday that would prevent President Donald Trump from taking further military action against Venezuela without congressional approval, and supporters say the measure could pass on a narrow
Late night hosts Jon Stewart and Seth Meyers took aim at President Donald Trump’s controversial military action in Venezuela, sharply criticizing the government’s motivations and messaging following the arrest of Venezuelan President Nicolás Maduro by US forces. Their comment reflects growing weariness and skepticism about the business, which has sparked intense public debate. On The Daily Show, Stewart opened his monologue by recounting the dramatic news that “President Trump and an elite team of Delta Force special operators removed a dangerous foreign dictator from power,” before joking about the surreal nature of the situation. He scoffed at the idea that
January 7, 2026
Trump to redirect crude supplies from China as Washington tightens control of Venezuela’s energy sector Venezuelan oil. Photo: AFP (file) Caracas and Washington have reached a deal to export up to $2 billion worth of crude oil to the United States, US President Donald Trump said on Tuesday, a landmark deal that would divert supplies from China while helping Venezuela avoid deeper cuts in oil production. The deal is a strong sign that Venezuela’s government is responding to Trump’s demand that they open up to US oil companies or risk more military intervention. Trump has said he wants interim President
Gold, silver wave in global turmoil. The price of the local yellow metal soars to Rs 9,200/tola At current prices, the looted gold is worth about $70 million. PHOTO: PIXABAY KARACHI: Gold prices in Pakistan rebounded significantly on Monday, buoyed by strong gains in the international gold market amid heightened geopolitical tensions following a dramatic event in which the US launched airstrikes in Venezuela and kidnapped President Nicolas Maduro. As a result, there has been increased demand for safe-haven assets such as gold, which has positively impacted the investment sentiment in the market. According to the prices published by the
January 6, 2026
US envoy says US-backed operation nabs Maduro and wife as fugitives Guterres called on all Venezuelan actors to engage in inclusive and democratic dialogue. PHOTO: FILE UN Secretary-General Antonio Guterres expressed concern on Monday about growing instability in Venezuela following the US arrest of President Nicolas Maduro, while the United States said it had no plans to occupy the Latin American country. The 15-member Security Council met at UN headquarters in New York hours before Maduro was due to appear in Manhattan federal court on drug charges, including conspiracy to commit narco-terrorism. Maduro has denied any criminal involvement. “I am
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