US Venezuela Oil Control: Trump Moves to Seize World's Largest Reserves
US takes control of Venezuela's oil reserves following the detention of Nicolas Maduro. President Trump's move to manage 303 billion barrels of crude reshapes the global energy market.
Caracas has fallen, and with it, the keys to the world's largest oil taps. Following intense air strikes on January 3, 2026, the US military detained President Nicolas Maduro and his wife, transferring them to the United States. President Donald Trump subsequently announced plans to "run" Venezuela for the foreseeable future, specifically targeting direct control over its colossal oil reserves.
Geopolitical Impact of US Venezuela Oil Control
The strategic implications of this move are staggering. According to the US Energy Information Administration (EIA), Venezuela holds approximately 303 billion barrels of proven oil—roughly 17% of the global total. Most of this sits in the Orinoco Belt. While this heavy crude is difficult to process, US Gulf Coast refineries were specifically engineered for this grade of oil, making the takeover a potential goldmine for American energy firms.
Global Market Reactions: Winners and Losers
While the US stands as the primary beneficiary, others face significant setbacks. Traditional suppliers like Canada, Russia, and Saudi Arabia may see their market share in North America dwindle. Interestingly, China might remain resilient due to its diversified import strategy, whereas the EU navigates a renewed period of energy uncertainty.
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
Caracas faces a standstill following the US attack on Venezuela 2026 and the abduction of Nicolas Maduro. 80 fatalities reported as hyperinflation returns to the streets.
Explore the escalating Trump Mexico military strike threat in 2026. President Claudia Sheinbaum asserts sovereignty against the newly coined 'Donroe Doctrine' following U.S. actions in Venezuela.
US and Venezuela strike a $2 billion oil export deal in January 2026. President Trump announces control over revenue as crude is diverted from China to U.S. ports. Explore the US Venezuela oil deal 2026 details.
US Secretary of State Marco Rubio spearheads the January 2026 abduction of Venezuelan President Nicolas Maduro, marking a major shift in US foreign policy under Trump 2.0.
Caracas faces a standstill following the US attack on Venezuela 2026 and the abduction of Nicolas Maduro. 80 fatalities reported as hyperinflation returns to the streets.
Explore the escalating Trump Mexico military strike threat in 2026. President Claudia Sheinbaum asserts sovereignty against the newly coined 'Donroe Doctrine' following U.S. actions in Venezuela.
US and Venezuela strike a $2 billion oil export deal in January 2026. President Trump announces control over revenue as crude is diverted from China to U.S. ports. Explore the US Venezuela oil deal 2026 details.
US Secretary of State Marco Rubio spearheads the January 2026 abduction of Venezuelan President Nicolas Maduro, marking a major shift in US foreign policy under Trump 2.0.