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GeopoliticsMedium•13 February 2026•

1 min read

Trump Announces Historic Venezuela Visit to Normalize Oil Ties and Secure Supply

Donald Trump's portrait over a map of Iran, oil refineries, barrels, and a rising financial chart in fiery tones.

President Donald Trump has announced plans for an upcoming historic trip to Venezuela, marking the first visit by a sitting U.S. president since 1997. The move signals a major shift in foreign policy as Trump confirmed U.S. recognition of Delcy Rodriguez as the acting president of the nation. In a significant financial realignment, Venezuelan oil revenues exceeding $1 billion are now being deposited into a U.S. Treasury account rather than through Qatari intermediaries. This strategy aims to secure U.S. access to Venezuelan energy reserves while stabilizing regional relations through direct oversight of energy-related cash flows. Analysts suggest that increased Venezuelan oil exports under U.S. supervision could exert downward pressure on global benchmarks like WTI and Brent. However, the normalization of ties is expected to provide a more stable environment for energy majors such as Chevron and ExxonMobil operating in the region.