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U.S. Captures Maduro, Targets Venezuela Oil

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Created January 7, 2026

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The deal continues today under far more challenging circumstances and a lack of clarity

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over what happens next. Over the years, Venezuela has worked to pay down its

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debt to Beijing and is estimated to owe $10 billion, according to AidData, a research institute

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at the College of William and Mary in Williamsburg, Va. China,

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for its part, has stopped making new loans and, in many ways, is far less reliant

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on both Venezuela and oil more generally. The United States has been imposing increasingly restrictive

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sanctions on Venezuela for years. Then on Saturday, U.S. forces captured

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the country’s leader, Nicolás Maduro. President Trump claimed shortly thereafter that

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