U.S. President Donald Trump speaks to reporters aboard Air Force One while traveling from Shannon, Ireland, to Joint Base Andrews, Md., on Jan. 22, 2026. Mandel Ngan/AFP via Getty Images
President Donald Trump said Thursday that the United States will start drilling for oil in Venezuela “very soon,” announcing that more than 50 million barrels are already moving to America as part of a deal following the ouster of former leader Nicolás Maduro.
Speaking to reporters aboard Air Force One en route to Joint Base Andrews, Trump indicated U.S. companies would soon ramp up operations in the South American nation, which boasts the world’s largest proven oil reserves but has seen production plummet under socialist rule.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
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