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 power provide – with international ramifications.
The USA says it’s going to 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 firms to speculate billions of {dollars} to revive the nation’s oil sector.
Washington says that might profit the individuals of Venezuela and the US.
Critics, although, have referred to as the transfer modern-day colonialism and a direct seize for power assets.
And, we take a look at Iran’s financial disaster.
Printed On 8 Jan 2026
