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US to ease Venezuela oil sanctions after Maduro kidnapping: CNBC

Al Mayadeen | January 7, 2026

The United States is preparing “to recalibrate” its unilateral sanctions regime on Venezuelan oil, CNBC reported. Washington says the move would allow crude exports to continue without a fixed end date, a claim Caracas and several international observers reject as part of a coercive campaign to seize control over the country’s strategic resources.

The reported policy shift comes amid extraordinary tensions following the kidnapping of President Nicolás Maduro by US forces, an operation carried out without an extradition process, a United Nations mandate, or consent from Venezuelan institutions. Caracas has described the act as a grave breach of sovereignty and international law, while allied governments have warned it marks a dangerous escalation from sanctions enforcement to outright military intervention.

Against this backdrop, US President Donald Trump is expected to meet executives from major American oil companies on Friday to discuss what the White House has described as the “future” of Venezuela’s energy resources. Fox Business, citing a senior US official, said the talks will focus on managing Venezuelan oil flows as sanctions are selectively eased.

Oil Coercion Campaign

The discussions follow reports that US authorities have instructed Venezuela’s what it blatantly described as “interim leadership” to prioritize American buyers and partner exclusively with US firms in oil production, while simultaneously demanding that Caracas cut economic and security ties with key allies, including China, Russia, Iran, and Cuba.

Beijing has condemned the demands as “typical bullying,” warning that Washington is attempting to reshape Venezuela’s foreign relations and economic model through force and pressure.

Trump earlier claimed that Venezuela’s interim authorities had agreed to supply the United States with between 30 million and 50 million barrels of oil, pledging that the proceeds would be used for the benefit of both countries.

“We’re talking about 30 to 50 million barrels of oil being turned over,” Trump said. “We’re going to use the money for the benefit of the people of both countries.”

Caracas and its allies reject that framing, arguing that any such transfers, announced in the aftermath of military pressure, maritime interdictions, and the kidnapping of the country’s head of state, amount to resource extraction under duress, regardless of claims that transactions would occur at “market prices.”

Venezuelan officials note that Washington has simultaneously enforced seizures of tankers, restricted access to non-US buyers, and threatened senior political and military figures with similar treatment, narrowing Caracas’ options while portraying the outcome as voluntary trade.

Sovereignty Under Assault

The White House has yet to release full details on the scope or conditions of the sanctions rollback. Critics, however, say the sequence of events, including military escalation, leadership seizure, recognition of an interim authority, threats against remaining officials, and rapid moves to redirect oil exports, reflects a longstanding US strategy of using sanctions and force to assert control over energy assets in resource-rich states.

For Venezuela, which holds the world’s largest proven oil reserves, officials insist that oil belongs to the Venezuelan state and its people. They argue that Washington’s actions represent an escalation from economic warfare to outright aggression, setting a precedent that threatens international norms governing sovereignty, non-intervention, and the prohibition on the use of force to secure economic advantage.

January 7, 2026 - Posted by | Economics, War Crimes | , ,

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