Politics

Did Venezuela ‘steal’ US oil money, as Trump says?

Stanisław Kaleta

05.01.2026, 16:53

Photo by Marcos del Mazo/LightRocket via Getty Images — In 1953, Venezuela became a democracy and, in turn, a significant U.S. ally. Photo by Marcos del Mazo/LightRocket via Getty Images

Trump has partly justified his attack on Venezuela by claiming it stole U.S. oil money.