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Trump says US oil firms to head into Venezuela

Venezuelans living in Colombia celebrate in Cucuta, Colombia, on January 3, 2026, after US forces captured Venezuelan leader Nicolas Maduro.
President Donald Trump said on January 3, 2026. [AFP]

President Donald Trump said on Saturday he would allow American oil companies to go into Venezuela to tap its massive crude reserves after a US military operation seized its leader Nicolas Maduro.

The US military carried out a series of air strikes on Venezuela's capital Caracas early on Saturday. Maduro and his wife were captured and flown to New York City, where they face drug-trafficking and weapons charges.

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