Following the seizure of Venezuelan dictator Nicolás Maduro by U.S. forces, President Trump declared the U.S. would control the country's oil industry, seeking 30-50 million barrels for sale to benefit both nations. Trump aims to re-engage U.S. oil companies in Venezuela, which holds the world's largest oil reserves but currently produces less than a million barrels daily. Revitalizing the industry, devastated by corruption and political instability, could cost billions, requiring significant investment and assurances for international companies regarding security and regulation.