President Donald Trump goals to manage and revive Venezuela’s oil business. Critics name it modern-day colonialism.
A nation with the world’s largest oil reserves, Venezuela is now on the centre of a high-stakes financial energy play over vitality provide – with international ramifications.
The US says it’ll management the gross sales and income of Venezuelan oil “indefinitely”, days after it kidnapped the nation’s President Nicolas Maduro.
President Donald Trump needs US corporations to speculate billions of {dollars} to revive the nation’s oil sector.
Washington says that will profit the individuals of Venezuela and the US.
Critics, although, have known as the transfer modern-day colonialism and a direct seize for vitality assets.
And, we take a look at Iran’s financial disaster.
Revealed On 8 Jan 2026
