US President Donald Trump. (Photo: Reuters)
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News1809-01-2026, 16:03

Trump Halts Venezuela Attacks Amid Prisoner Release, Oil Deals

  • Donald Trump announced cancellation of a second wave of attacks on Venezuela.
  • The decision follows Venezuela's release of political prisoners, seen as a sign of "peace."
  • USA and Venezuela are collaborating on rebuilding Venezuela's oil and gas infrastructure.
  • Trump plans to meet major oil companies (Exxon Mobil, Chevron, ConocoPhillips) to discuss $100 billion investment in Venezuelan oil.
  • The US aims to control Venezuela's oil industry indefinitely, with 50 million barrels of oil expected for the US.

Why It Matters: Trump cancels Venezuela attacks, citing prisoner release and US-Venezuela cooperation on oil infrastructure.

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