President Donald Trump goals to regulate 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 vitality provide – with world 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 corporations to take a position billions of {dollars} to revive the nation’s oil sector.
Washington says that might profit the folks of Venezuela and the US.
Critics, although, have referred to as the transfer modern-day colonialism and a direct seize for vitality sources.
And, we take a look at Iran’s financial disaster.
Printed On 8 Jan 2026
