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“Industry analysts have warned that even in the best of circumstances, it would take tens of billions of dollars and more than a decade to completely rebuild Venezuela’s oil fields. Oil executives have told POLITICO that it would be a tough battle to convince their shareholders to make such an investment when other oil fields around the globe offer easier returns.”
https://www.politico.com/news/2026/01/07/wright-venezuelan-oil-sales-00713654
What Trump Wants in Venezuela | The Ezra Klein Show
https://www.youtube.com/watch?v=_vPceCY1JcY
This war may have really been about China. China has been working hard to expand its influence in South America, and had been succeeding heavily in Venezuela. China may have had plans to base missiles in Venezuela. In a war over Taiwan, China could disrupt US shipping in the Caribbean. It is in US’s interest to not have great powers like China and Russia threatening it from nearby countries like Venezuela.
https://www.youtube.com/watch?v=F9dHm4b6Klg
“Initially, Trump defended his military operations near Venezuela as keeping drugs out of the US, although experts say the cocaine that passes through Venezuela winds up mostly in Europe while fentanyl is sourced from China.
Trump also accused Maduro of emptying Venezuela’s prisons and “mental institutions” into the U.S., although there’s no evidence of that either. According to the nonpartisan Migration Policy Institute, hundreds of thousands of Venezuelans have settled in the U.S. in recent years due to economic and political instability in their home country.
By mid-December, Trump accused Maduro of “stealing” U.S. oil and land. Trump appeared to be alluding to work done in the 1970s in Venezuela by Western oil companies before the government there opted to nationalize its reserves, eventually forcing out American companies.
In a Dec. 17 social media post – around the same time sources say Trump was making a decision to greenlight the Jan. 3 military operation — Trump said the U.S. military threat to Venezuela will “only get bigger, and the shock to them will be like nothing they have ever seen before — Until such time as they return to the United States of America all of the Oil, Land, and other Assets that they previously stole from us.”
…
Two days later at a press conference, Secretary of State Marc Rubio offered a more general explanation than access to oil reserves, calling Maduro’s presidency “intolerable” because it was cooperating with “terrorist and criminal elements” instead of the Trump administration.”
https://www.yahoo.com/news/articles/why-venezuela-trumps-shifting-explanations-143759048.html
The reasons for current military action against Venezuela given by Trump and his allies are various. And the list of reasons to justify war sound a lot like Putin before and after invading Ukraine and W Bush before and after invading Iraq. Reasons for action in Venezuela include: drugs, terrorism, the influence of Russia and Iran, stolen land, stolen oil, opening up Venezuelan oil to American companies, and Maduro being the illegitimate ruler of Venezuela.
https://www.youtube.com/watch?v=73ocuj4Adtw
As the U.S. backs away from clean energy and limiting global warming on the president’s false belief that climate change is a hoax, China is stepping in as a leader globally, leading on the issue and selling its technologies and products to countries around the world. Despite its leadership and its massive renewable production, it still uses a lot of dirty coal. China’s clean energy partnerships around the world give it influence. The Trump-led U.S. is banking on past fuels and energy, while China is advancing into the future.
https://www.youtube.com/watch?v=ENJ6UmECe1Q
Trump sanctioned a Chinese port for accepting Iranian oil. China put a tax on U.S. ships.
https://www.youtube.com/watch?v=Qri0lqnvmAY&t=628s
Europe is just now sanctioning Russia oil refineries in India.
https://www.youtube.com/watch?v=J3tEZXBayWc
Russia is rationing gas within certain Russian regions due to Ukrainian strikes.
https://www.youtube.com/watch?v=uxYEEHbhyoc
“Hungarian Prime Minister Viktor Orbán said Friday that he is putting Hungary’s national interests first in rejecting a call by President Trump for all NATO allies to halt the purchase of Russian fossil fuels.
Orbán, in remarks to state radio and reported by The Associated Press, said he told Trump that ending Russian oil imports would be an economic “disaster” for Hungary that would put the Hungarian economy “on its knees.”
…
Trump seemed to cut Hungary and Slovakia some slack in continuing to purchase Russian oil.
“I just don’t want to have people go blaming them when, you know, we spoke to them at length today and it seems like that, for them it’s a little bit,” the president said from the Oval Office on Thursday, trailing off and turning to his pressure campaign on Turkey to stop buying Russian energy.”
https://thehill.com/policy/international/5526962-hungary-nato-russian-oil/?tbref=hp