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3d ago

Trump Claims Acting Venezuelan Presidency and Threatens to Bar Exxon From Oil Deals

The administration is moving to oversee Venezuelan oil revenues, with a White House meeting set for opposition leader María Corina Machado on Thursday.

Venezuela's vice-President Delcy Rodriguez attends a session of the National Assembly to swear in as Venezuela's interim President in Caracas on January 5, and a mocked-up Wikipedia-style image shared by U.S. President Donald Trump on Truth Social.
U.S. President Donald Trump takes questions from the members of the press aboard Air Force One on January 11, 2026 en route back to the White House from Palm Beach, Florida.
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Overview

  • Trump’s Truth Social post displayed a doctored Wikipedia-style page naming him “Acting President of Venezuela,” a claim unrecognized by authorities as Delcy Rodríguez serves as interim leader in Caracas.
  • After ExxonMobil CEO Darren Woods called Venezuela “uninvestable,” Trump said he is inclined to keep the company out of future Venezuelan projects.
  • The White House issued an executive order shielding Venezuelan oil revenues held in U.S. accounts from legal attachment or seizure.
  • U.S. officials say they will oversee sales of 30–50 million barrels of Venezuelan crude and have launched limited diplomatic engagement, with Machado’s White House visit confirmed for Thursday.
  • Maduro remains in U.S. custody after pleading not guilty in federal court as several governments denounce the operation and U.S. authorities advise Americans to depart Venezuela.