10-01-2026

US Seizes Venezuelan Oil Tankers, Courts Investors

Date: 10-01-2026
Sources: bbc.com: 2 | cbsnews.com: 2 | economist.com: 1 | edition.cnn.com: 2 | foxnews.com: 1 | news.sky.com: 2 | nytimes.com: 3
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Image Source:

Source: edition.cnn.com

Image content: The image shows Donald Trump speaking into a microphone. The main subject of the image is Donald Trump, who is dressed in a dark blue suit, white shirt, and purple tie with black dots. He has short blonde hair and is wearing an American flag pin and a cartoon pin on his left lapel, with his hands clasped together in front of him as he speaks into a black microphone with a green light on top. The image depicts Donald Trump speaking into a microphone, with a neutral background. He is wearing a suit and tie and has pins on his lapel.

Summary

The US has seized multiple oil tankers linked to Venezuela as part of efforts to control the country's oil exports and pressure its interim government. Meanwhile, President Trump is urging major US oil firms to invest $100bn in Venezuela's oil industry, despite skepticism from executives who describe the country as 'uninvestible' due to its complicated history and current instability.

Key Points

  • The US has seized five oil tankers linked to Venezuela, part of a broader effort to disrupt Venezuelan oil exports and potentially reopen diplomatic ties.
  • President Trump met with oil executives, urging them to invest $100bn in Venezuela's oil industry, but they expressed caution due to concerns over political instability.
  • The US is targeting a 'dark fleet' of over 1,000 vessels transporting sanctioned and illicit oil, and has sanctioned several tankers for helping finance Russia's war in Ukraine.
  • Venezuela's oil industry has a complicated history with international oil firms, including nationalization efforts under former President Hugo Chávez.
  • The US and Venezuela are exploring the possibility of restoring diplomatic ties after the capture of Venezuelan President Nicolás Maduro.

Articles in this Cluster

Trump seeks $100bn for Venezuela oil, but Exxon boss says country 'uninvestable'

US President Donald Trump has asked major US oil firms to invest at least $100bn in Venezuela's oil industry following a planned ouster of leader Nicolas Maduro. However, oil executives, including Exxon's CEO Darren Woods, expressed caution, describing Venezuela as 'uninvestable' due to the country's complicated history with international oil firms and current unstable conditions. While some companies, like Chevron and Repsol, are already operating in Venezuela and see potential for increased production under the right conditions, analysts say significant changes and stability are needed to attract major investment.
Entities: Donald Trump, Venezuela, Nicolas Maduro, Exxon, Darren WoodsTone: neutralSentiment: negativeIntent: inform

US seizes fifth oil tanker linked to Venezuela, officials say

The US has seized its fifth oil tanker linked to Venezuela, as part of its efforts to control exports of Venezuelan oil and pressure the country's interim government. The seized tanker, Olina, is on multiple countries' sanctions lists and was attempting to evade US forces. The US is targeting a 'dark fleet' of over 1,000 vessels transporting sanctioned and illicit oil. The operation was carried out by US Marines and sailors in coordination with the Department of Homeland Security. The US has also sanctioned the Olina, previously named Minerva M, for helping finance Russia's war in Ukraine. The seizure is part of a broader effort by the US to disrupt Venezuelan oil exports and potentially reopen diplomatic ties with the country.
Entities: US, Venezuela, Olina, Trump administration, Caribbean SeaTone: neutralSentiment: negativeIntent: inform

Trump says Venezuela stole American oil. Here's what really happened. - CBS News

The article discusses President Trump's claims that Venezuela stole American oil and assets, and examines the reality behind these claims. Trump's statement is found to be an oversimplification of a complex issue involving the nationalization of Venezuela's oil industry under former President Hugo Chávez. U.S. oil companies had contractual agreements with Venezuela to extract and process oil, but Chávez's nationalization efforts led to the seizure of their assets, resulting in ongoing lawsuits and arbitration claims. The article highlights the history of Venezuela's oil industry, the impact of Chávez's policies, and the current state of the industry under the Maduro government. It also notes the potential for U.S. oil companies to invest in Venezuela's oil industry in the future, but emphasizes the need for a stable political situation before such investments can be made.
Entities: Donald Trump, Venezuela, Nicolás Maduro, Hugo Chávez, United StatesTone: neutralSentiment: negativeIntent: inform

U.S. forces seize 5th oil tanker linked to Venezuela - CBS News

The U.S. Southern Command confirmed that U.S. forces seized a fifth oil tanker linked to Venezuela in the Caribbean. The Olina oil tanker was interdicted by the U.S. Coast Guard, supported by the Navy, as part of a broader effort to control the distribution of Venezuela's oil products globally. The tanker was sanctioned for moving Russian oil under its prior name, Minerva M, and was flagged in Panama before changing its flag to Timor-Leste. U.S. officials stated that the ship was part of a 'ghost fleet' attempting to evade U.S. forces. President Trump said the tanker had departed Venezuela without U.S. approval and would be sold through the 'GREAT Energy Deal.' The seizure is part of the Trump administration's efforts to enforce U.S. and international law and eliminate funding streams for illicit activities.
Entities: U.S. Southern Command, Venezuela, Olina oil tanker, U.S. Coast Guard, NavyTone: neutralSentiment: negativeIntent: inform

America chases down the shadow fleet serving Venezuela

The US has seized two oil tankers, the Bella 1 (renamed Marinera) and the M Sophia, suspected of smuggling oil from Venezuela in defiance of American sanctions. The operation was carried out by American forces near Iceland and in Caribbean waters, respectively. The seizures are part of a broader effort by the US to enforce its oil blockade on Venezuela following the abduction of President Nicolás Maduro on January 3rd. The US Coast Guard had previously attempted to board the Bella 1, but it escaped and was later seized after a Russian submarine was sent to protect it. The actions demonstrate the US's determination to enforce its sanctions and assert its power in the region.
Entities: US Coast Guard, Bella 1, Marinera, M Sophia, VenezuelaTone: neutralSentiment: negativeIntent: inform

Trump’s Venezuela pitch met with skepticism from oil executives | CNN PoliticsClose icon

President Donald Trump's attempt to convince oil executives to invest in Venezuela's oil industry was met with skepticism. Despite Trump's assurances of stability and security, executives expressed concerns over the country's uncertain political trajectory and the need for extensive guarantees before investing billions of dollars. The meeting failed to yield major commitments from companies, with ExxonMobil CEO Darren Woods describing Venezuela as 'uninvestible.' Trump's goal of $100 billion in new investments remains elusive, with Energy Secretary Chris Wright acknowledging that rebuilding the nation's oil production will take time.
Entities: Donald Trump, Venezuela, ExxonMobil, Darren Woods, Harold HammTone: neutralSentiment: negativeIntent: inform

Video shows US seizing sanctioned oil tanker | CNN

The US has seized a sanctioned oil tanker in the Caribbean Sea, according to the US Southern Command. The news comes as part of a series of global events reported by CNN, including tensions between the US and Venezuela, China's potential actions regarding Taiwan, and protests in Iran. Other news stories covered include an attack on a deaf Palestinian man by Israeli settlers, a garbage avalanche in the Philippines, and anti-government protests in Iran.
Entities: US, Caribbean Sea, Venezuela, China, TaiwanTone: neutralSentiment: negativeIntent: inform

Coast Guard boards oil tanker allegedly trying to evade US blockade | Fox News

The US Coast Guard and US Southern Command have seized an oil tanker, Motor/Tanker Olina, in the Caribbean Sea for allegedly trying to evade a US blockade. The tanker was previously sanctioned by the US for transporting Russian oil and had been attempting to hide its nationality. The operation was carried out by Marines and Sailors from Joint Task Force Southern Spear, in coordination with the Department of Homeland Security, and was launched from the USS Gerald R. Ford. This is the fifth such seizure in recent weeks, and comes amid heightened tensions between the US and Venezuela, as well as between the US and Russia.
Entities: US Coast Guard, US Southern Command, Motor/Tanker Olina, Caribbean Sea, USS Gerald R. FordTone: neutralSentiment: negativeIntent: inform

Two Russian citizens aboard captured oil tanker released by US, Russia claims | World News | Sky News

The US has released two Russian citizens who were detained after American special forces seized an oil tanker, the Marinera, in the North Atlantic. The ship was allegedly smuggling cargo for a company linked to Hezbollah and was sanctioned in 2024. Russia's foreign ministry claimed that the crew members were released after an appeal to US President Donald Trump, who also announced the cancellation of a second wave of attacks on Venezuela following the release of political prisoners.
Entities: Russia, US, Donald Trump, Venezuela, Nicolas MaduroTone: neutralSentiment: positiveIntent: inform

US intercepts third tanker in a week as it tightens control over Venezuelan oil | World News | Sky News

The US has seized a third oil tanker in a week as it tightens control over Venezuelan oil, with US forces boarding the Olina tanker in the Caribbean Sea. The seizures have come after Venezuelan leader Nicolas Maduro was deposed, and US President Donald Trump is meeting with oil executives to discuss taking 'billions and billions dollars of oil from Venezuela'. The US is leveraging Venezuela's oil industry for political and economic ends, with the Olina being the fifth tanker seized by US forces since last month. Meanwhile, Venezuela's government is transitioning away from Maduro's leadership, releasing political prisoners and rebuilding diplomatic relations with the US.
Entities: Donald Trump, Venezuela, US, Nicolas Maduro, Olina tankerTone: neutralSentiment: negativeIntent: inform

After President’s Capture, U.S. and Venezuela Explore Restoring Diplomatic Ties - The New York Times

The United States and Venezuela are exploring the possibility of restoring diplomatic ties after the US captured Venezuelan President Nicolás Maduro. Venezuela's interim president, Delcy Rodríguez, announced that her government would send a delegation to Washington to assess the long-shuttered Venezuelan embassy. US diplomats visited Caracas to evaluate the potential resumption of embassy operations. The move comes as the US is trying to tap into Venezuela's vast oil reserves. However, experts note that the relationship between the two countries is evolving rapidly and is marked by contradictions, such as the US celebrating the capture of Maduro while also exploring diplomatic ties with his government.
Entities: Venezuela, United States, Nicolás Maduro, Delcy Rodríguez, Donald TrumpTone: neutralSentiment: negativeIntent: inform

Outside Prisons in Caracas, Venezuelans Anxiously Await Release of More Political Detainees - The New York Times

Relatives of political prisoners in Venezuela waited anxiously outside two notorious prisons in Caracas on Friday, hoping to hear news about the possible release of their loved ones. The interim government had announced on Thursday that it would release an 'important number' of imprisoned people, but as of Friday afternoon, only nine had been confirmed released. Rights groups estimate that between 800 and 900 political prisoners are incarcerated in Venezuela, and the slow release has created uncertainty and complaints of a lack of transparency.
Entities: Venezuela, Caracas, Rodeo I, Foro Penal, Nicolás MaduroTone: neutralSentiment: negativeIntent: inform

Trump Urges Oil Companies to Speed Work in Venezuela - The New York Times

The article reports on President Trump's urging of American oil companies to invest in Venezuela's oil industry following a US military operation that ousted President Maduro. Trump met with oil executives, encouraging them to 'rapidly rebuild Venezuela's dilapidated oil industry' and promising US oversight could last years. However, executives expressed caution due to concerns over political instability and past asset seizures by Venezuela. The US has taken control of several tankers carrying Venezuelan oil and is pressuring the new Venezuelan government to expel advisers from countries like China, Cuba, Iran, and Russia. The US and Venezuela are re-establishing diplomatic ties, with a US team arriving in Caracas to assess resuming operations.
Entities: Donald Trump, Venezuela, Nicolás Maduro, United States, Exxon MobilTone: neutralSentiment: negativeIntent: inform