US's long history of involvement in Venezuelan oil

The Trump administration is reportedly planning to meet executives of top US oil companies to discuss Venezuela this week, after the administration declared it would "run" the country and US Big Oil firms would revive the oil industry. As Washington accuses Venezuela of "stealing American oil", we take a look back at its long history of involvement in the Latin American country's vital sector. 

Jan 6, 2026 - 13:00
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US's long history of involvement in Venezuelan oil
The Trump administration is reportedly planning to meet executives of top US oil companies to discuss Venezuela this week, after the administration declared it would "run" the country and US Big Oil firms would revive the oil industry. As Washington accuses Venezuela of "stealing American oil", we take a look back at its long history of involvement in the Latin American country's vital sector. 
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