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How Russia is benefiting from Trump's Venezuelan oil plan

Summary by CNBC
Russia is reflagging sanctioned vessels involved in the Venezuelan oil trade, quickly growing its dark fleet.

5 Articles

According to Donald Trump, both the American and Venezuelan people will benefit from the deal.

China's Foreign Ministry on Wednesday sharply criticized US President Donald Trump's planned intervention in the Venezuelan oil industry. The DPA agency reports. Ministry spokeswoman Mao Ning described the "blatant use of force against Venezuela" by the United States and its demand to control the country's oil wealth as a violation of international law and the rights of the Venezuelan people. According to the spokeswoman for the Chinese Ministry…

·Bratislava Region, Slovakia
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According to Donald Trump, Venezuelan oil should be extracted in the future by American companies that previously invested in the local oil infrastructure, neglected after years of rule by local authoritarian leaders. How realistic are Trump's plans?

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  • 50% of the sources are Center, 50% of the sources lean Right
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CNBC broke the news in United States on Tuesday, January 6, 2026.
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