Trump holds roundtable with oil executives on Venezuela

President Trump convened a roundtable discussion with oil executives focused on Venezuela. The event is covered in live updates by the Daily Wire.

The roundtable brings together President Trump and oil industry executives to discuss matters related to Venezuela. This gathering highlights ongoing U.S. interests in the South American nation's oil sector amid political tensions. Live updates from the Daily Wire provide coverage of the event, though specific details from the discussion remain limited in available reports. The meeting underscores the intersection of energy policy and international relations in the Trump administration's approach to Venezuela.

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US military captures Venezuelan president Nicolás Maduro

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The United States conducted a military operation in Venezuela over the weekend, resulting in the capture of President Nicolás Maduro and his wife, Cilia Flores. The Trump administration has outlined a threefold process for the country's future, focusing on stabilization through oil sales and a transition to new governance. Markets have reacted positively, with oil stocks rising amid expectations of American investment opportunities.

US President Donald Trump criticized ExxonMobil and threatened to bar its investments in Venezuela after the company's CEO called the country unviable for investment. The remarks followed a White House meeting aimed at securing $100 billion in private investments to rebuild Venezuela's oil sector. Despite initial skepticism, Exxon plans to send a technical team to the country soon.

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Following the US special forces' capture of Venezuelan President Nicolás Maduro last weekend—as detailed in our prior coverage—the Trump administration is prioritizing the revival of Venezuela's collapsed oil sector. Plans include rolling back sanctions to enable US firms to invest billions in infrastructure, amid a history of US policies that contributed to production's 80% decline.

Venezuelan President Nicolás Maduro has said he is willing to hold “serious” talks with the United States on combating drug trafficking and suggested U.S. companies could invest in Venezuela’s oil sector, as the Trump administration escalates interdiction strikes and steps up pressure on Caracas.

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The recent US intervention in Venezuela, culminating in Nicolás Maduro's capture, has altered the regional oil landscape. President Donald Trump pledged to attract US investments to revitalize Venezuela's industry, while Colombia faces challenges in its crude production and exports. This dynamic could intensify competition in the heavy crude market.

Following a recent phone call with US President Donald Trump, Colombian President Gustavo Petro has invited both Trump and Venezuela's acting president Delcy Rodríguez to Colombia to mediate the crisis sparked by Nicolás Maduro's US capture, aiming to foster tripartite dialogue and regional stability.

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Following the January 3, 2026, U.S. operation that captured Venezuelan President Nicolás Maduro and wife Cilia Flores, Donald Trump announced temporary U.S. control over Venezuela pending transition, amid celebrations by opposition and exiles, condemnations from allies like Russia and China, and a pending UN Security Council debate.

 

 

 

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