Venezuela expelled US diplomats and NGOs, accusing Washington of interference, and the US responded with criticism over media crackdowns and democratic backsliding. (Image Source: Reuters)
World
C
CNBC TV1807-01-2026, 10:34

US Pressures Venezuela to Cut Ties with China, Russia; Demands Oil Preference

  • US reportedly demands Venezuela prioritize oil collaboration with US and sever ties with China, Russia, Iran, and Cuba.
  • An ABC report, citing anonymous sources, indicates US pressure to expel personnel and cut commercial relations with these four nations.
  • Such a move would be a significant political realignment for Venezuela, which has depended on these countries for stability.
  • The US intends to shape Venezuela's future, funded by oil earnings, and plans meetings with US oil corporations for investment.
  • Trump announced Venezuela would supply the US with up to 50 million barrels of oil, valued at $2.8 billion, with proceeds shared.

Why It Matters: US demands Venezuela cut ties with key allies and prioritize US oil interests for political realignment.

More like this

Loading more articles...