President Trump said the U.S. stands to make a lot of money off Venezuelan oil, and he wants American oil companies to go in and spend at least $100 million to refurbish that country's industry to get the oil flowing again.

President Donald Trump and executives for several U.S. oil companies discussed a potential $100 billion investment in Venezuela's energy sector.

U.S. President Donald Trump said on Friday (January 9) that the administration will decide which oil companies are allowed to invest in Venezuela, underscoring Washington’s hands-on approach to reopening the country’s beleaguered oil sector.

Trump holds a meeting of oil CEOs at the White House to project support for his Venezuela plans. But the companies are skeptical.

DHS Secretary Kristi Noem announced the military operation in a post on X and released the thermal footage. Noem said troops conducted back-to-back coordinated boarding of two “ghost fleet” tanker ships — "one in the North Atlantic Sea and one in international waters near the Caribbean.

The U.S. military says U.S. forces have boarded another oil tanker in the Caribbean Sea as the Trump administration continues to target sanctioned tankers traveling to and from Venezuela

From there, those funds can flow back into Venezuela to benefit the Venezuelan people,” Wright said. “We need to leverage and control those oil sales to drive the changes t

The US Coast Guard seized two oil tankers in back-to-back predawn operations on Wednesday, January 7, Department of Homeland Security (DHS) Secretary Kristi Noem said in a statement . This video released by Noem shows thermal vision footage of US troops boarding the M/T Sophia.