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Trump's Venezuela Oil Plan Faces $100B Cost, Decade Timeline
Following Maduro's capture, the U.S. plans to invest billions to restore Venezuela's oil infrastructure, aiming to revive production from the world's largest crude reserves.
- On Saturday in Caracas, an operation seized Venezuelan President Nicolás Maduro, which President Donald Trump called a `large-scale` strike and said would `run` Venezuela until a transfer of power.
- Months of escalating conflict included lethal boat strikes and warnings of a possible land invasion before the Caracas operation, while the Trump administration framed the strike as targeting drug trafficking and an illegitimate leader.
- CODEPINK organized demonstrations in Chicago, Los Angeles, New York City, Portland and Washington, D.C., with the D.C. event wrapping early and about 200 people estimated in attendance, while the Answer Coalition posted more than 100 U.S. protest locations for Saturday.
- Anti-War groups condemned the U.S. operation as `blatant and illegal acts of war by the Trump administration`, while Attorney General Pam Bondi stated they `will soon face the full wrath of American justice` on U.S. courts.
- D.C. protester Brett Heinz said to The Center Square that `Our government has invaded a foreign country without any international legitimacy, in order to suck dry the natural resources of this country`.
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438 Articles
438 Articles
Venezuela is sitting on one-fifth of the global oil reserves – and America's president is convinced that some of them belong to the US. After Maduro's fall, are US companies now taking command in the depraved oil industry?
·Vienna, Austria
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Trump wants U.S. oil companies in Venezuela. Here’s what to know
Hours after the U.S. military captured Venezuelan president Nicolás Maduro, President Trump made it clear that the U.S. operation is about — at least in part — control of Venezuela’s oil.“We’re going to have our very large U.S. oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country,” Trump said during a press conferenc…
·Portland, United States
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Coverage Details
Total News Sources438
Leaning Left68Leaning Right60Center112Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 28%
C 47%
R 25%
Factuality
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