Trump also announced US oil companies will rebuild Venezuelan oil industry | DW News

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Trump also announced US oil companies will rebuild Venezuelan oil industry | DW News

President Donald Trump said the U.S. will oversee Venezuela until a "safe, proper, and judicious" transition can be arranged. This announcement follows an overnight military operation in which Venezuelan President Nicolás Maduro and his wife were seized in the capital city of Caracas.
During a press conference after the raid, Trump promised to rebuild the South American nation’s infrastructure and oil industry while maintaining a U.S. military presence for as long as necessary. Trump also dismissed the idea of working with Venezuela’s exiled opposition leader, María Corina Machado.

Chapters:
0:00 Trump says US to run Venezuela after Maduro raid
0:58 Donald Trump | US President
3:15 Benjamin Alvarez Gruber, DW Correspondent

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Date: January 3, 2026