Trump Venezuela Oil Investment 2026: Attacks Canceled for $100bn Energy Deal
President Trump cancels a second wave of attacks on Venezuela as 'Big Oil' CEOs head to the White House for a potential $100 billion investment deal.
Swapping missiles for crude—Donald Trump's high-stakes gamble in Venezuela is shifting from the battlefield to the boardroom.
On Friday, January 9, 2026, President Trump announced he's canceled a second wave of military strikes against Venezuela. According to his posts on Truth Social, the decision stems from "cooperation" shown by the South American nation, specifically the release of numerous political prisoners as a gesture toward peace following the US military's abduction of Nicolas Maduro last week.
The Strategy Behind Trump Venezuela Oil Investment 2026
Trump isn't just looking for peace; he's looking for a windfall. He claims that "Big Oil" is prepared to invest at least $100 billion to modernize Venezuela's crumbling energy infrastructure. While acting interim President Delcy Rodriguez remains in Caracas, US Energy Secretary Chris Wright has asserted that Washington intends to control the country’s oil industry "indefinitely."
Big Oil's $100 Billion Bet on Venezuelan Energy
The heads of Exxon Mobil, Chevron, and ConocoPhillips are expected at the White House today to discuss what Trump calls an "immense opportunity." Venezuela sits on roughly 20% of the world's oil reserves, yet its output had plummeted to just 1% of global production by 2024 due to years of sanctions and neglect. However, the path to $100 billion in investment is steep, with industry experts citing massive security risks and the enormous cost of restoring decades-old facilities.
This content is AI-generated based on source articles. While we strive for accuracy, errors may occur. We recommend verifying with the original source.
Related Articles
President Trump seeks $100 billion in private investment from oil executives to revive Venezuela's oil sector, promising US government protection and 'total safety'.
Federal and state officials clash over the facts of a fatal ICE shooting in Minneapolis on January 7, 2026, revealing a deep divide in law enforcement oversight.
The White House announced on Jan 8, 2026, that 'all options' including diplomacy are on the table for the potential acquisition of Greenland, facing strong European pushback.
President Donald Trump has invited Colombian President Gustavo Petro to the White House, marking a sharp pivot from his previous threats of military action.
President Trump seeks $100 billion in private investment from oil executives to revive Venezuela's oil sector, promising US government protection and 'total safety'.
Federal and state officials clash over the facts of a fatal ICE shooting in Minneapolis on January 7, 2026, revealing a deep divide in law enforcement oversight.
The White House announced on Jan 8, 2026, that 'all options' including diplomacy are on the table for the potential acquisition of Greenland, facing strong European pushback.
President Donald Trump has invited Colombian President Gustavo Petro to the White House, marking a sharp pivot from his previous threats of military action.