World
Trump announces plan to sell Venezuelan oil as US signals it is in talks with Caracas
President Donald Trump on Tuesday unveiled a plan to refine and sell up to 50 million barrels of Venezuelan oil that had been stuck in Venezuela under U.S. blockade, in a further sign that Washington is coordinating with the Venezuelan government since capturing President Nicolas Maduro.
Maduro is in a New York jail awaiting drug charges after the Saturday morning raid that the U.S. estimates killed about 75 people, according to a Washington Post report citing officials familiar with the matter, Reuters reported.
The U.S. has yet to report a death toll from an operation that reasserted U.S. willingness to intervene in Latin America with perhaps its most dramatic military operation since the 1989 invasion of Panama that seized Panamanian leader Manuel Noriega.
Nor has Caracas given a number for those killed, but the army posted a list of 23 names of its dead. Venezuelan officials have said a large part of Maduro’s security contingent was killed “in cold blood,” and Cuba has said 32 members of its military and intelligence services in Venezuela were killed. Venezuela’s interim President Delcy Rodriguez on Tuesday declared a week of mourning for members of the military killed in the raid.
The operation brought condemnation from Russia, China and Venezuela’s leftist allies, while allies of the United States have urged adherence to international law.
Maduro, 63, pleaded not guilty on Monday to narcotics charges. He said he was a “decent man” and still president of Venezuela, while standing in a Manhattan court shackled at the ankles and wearing orange and beige prison garb.
US TO TAKE VENEZUELAN OIL
While Venezuela’s political future remains uncertain amid U.S. claims that it will be running the South American country, for now Trump appears to be working with Rodriguez and other senior officials from Maduro’s government, disappointing the opposition that had hoped to play a larger role.
Trump on social media announced that Venezuela would sell 30 million to 50 million barrels of sanctioned oil that would be shipped directly to the United States under a plan to be executed immediately by Energy Secretary Chris Wright.
“This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!” Trump said. Based on recent prices for Venezuelan oil, the deal could be worth up to $1.9 billion.
U.S. officials have yet to outline a legal framework for seizing Venezuelan oil, though the U.S. has accused Venezuelan tankers of breaking U.S. sanctions to ship Iranian and Venezuelan oil.
Trump has also suggested the U.S. would help rebuild the country’s oil infrastructure to benefit oil majors such as Exxon Mobil and ConocoPhillips which were affected by a Venezuelan oil nationalization by former President Hugo Chavez, and Chevron Corp which has continued to operate there.
U.S. oil chief executives are expected to visit the White House as early as Thursday to discuss investments in Venezuela, according to three sources familiar with the planning.
VENEZUELA OPPOSITION SEEKS ROLE
With the U.S. as its main ally, Venezuela would become the energy hub of the Americas, restore the rule of law, open markets and bring home exiles, opposition leader and Nobel Peace Prize winner Maria Corina Machado said in an interview on Monday with Fox News.
Trump has, however, been told by the CIA that Rodriguez and other senior officials from Maduro’s government are the best bet to maintain stability, sources said. The classified assessment was one reason why Trump decided to back Rodriguez instead of opposition leader Machado, the sources said.
Machado, who said she wants to return to Venezuela to lead the country, said Rodriguez was “nothing like a moderate,” and had been one of the main architects of Venezuelan repression.
“I think it’s evident the United States has instructed her to take certain actions regarding further dismantling of the criminal structure as a path forward towards a complete transition to democracy in Venezuela,” Machado told CBS News in a separate interview on Tuesday.
The Trump administration has put hardline Interior Minister Diosdado Cabello on notice that he could be at the top of its target list unless he helps Rodriguez meet U.S. demands and keep order, according to three people familiar with the matter.
Cabello, who controls security forces accused of widespread human rights abuses, is one of a handful of Maduro loyalists that Trump has decided to rely on as temporary rulers to maintain stability during a transition period, said one source briefed on the administration’s thinking. Cabello has been on the streets of Venezuela, patrolling with security forces.
“Always loyal, never traitors. Doubt is betrayal!” they chanted in one of several overnight social media posts by the Venezuelan government.
The U.S. is also pressuring the interim Venezuelan government to expel official advisers from China, Russia, Cuba and Iran, the New York Times reported, citing anonymous U.S. officials. Secretary of State Marco Rubio listed the Trump administration’s demands in a classified meeting on Monday with senior congressional leaders, the Times said. Reuters could not immediately verify the report.
Since the seizure of Maduro, Venezuelan authorities have ordered the arrest of anyone who collaborated.
Fourteen media workers were briefly detained covering events in Caracas on Monday, and shots were fired on Monday night into the sky above the city, which a Venezuelan official said came from police to deter unauthorized drones.
“There was no confrontation, the entire country remains completely calm,” Vice Minister of Communications Simon Arrechider told reporters.
World
Trump says he will talk to Musk about restoring internet in Iran
U.S. President Donald Trump said on Sunday he plans to speak with billionaire Elon Musk about restoring internet in Iran, where authorities have blacked out services for four days amid ongoing anti-government protests.
“He’s very good at that kind of thing, he’s got a very good company,” Trump told reporters in response to a question about whether he would engage with Musk’s SpaceX company, which offers a satellite internet service called Starlink that has been used in Iran, Reuters reported.
Musk and SpaceX did not immediately respond to a request for comment.
The flow of information from Iran has been hampered by an internet blackout since Thursday amid the most expansive protests against the country’s clerical establishment since 2022.
Musk and Trump have held an on-again, off-again relationship after the billionaire helped fund Trump’s winning presidential campaign and subsequently orchestrated massive cuts to the federal government.
The pair had a public falling-out last year as Musk opposed Trump’s signature tax bill, but the entrepreneur appears to have rekindled his relationship with the Trump administration. Musk and Trump were seen dining together at Trump’s Mar-a-Lago resort this month, and Secretary of Defense Pete Hegseth is scheduled to visit a SpaceX facility in Texas on Monday.
Musk has supported providing Starlink to Iranians to help them circumvent the government’s restrictions, including amid previous protests in 2022. That year, the Biden White House engaged with Musk to set up Starlink in Iran after the country was engulfed by protests following the death in police custody of 22-year-old Mahsa Amini.
The Starlink satellite service has been used in other regions marked by unrest or conflict such as Ukraine, where Musk in 2022 ordered a shutdown of Starlink during a pivotal Ukrainian offensive, Reuters reported.
Iran’s current protests began on December 28 in response to soaring prices, before turning against the clerical rulers who have governed since the 1979 Islamic Revolution.
Hundreds of people have been killed since then, rights groups estimate. U.S.-based organization HRANA said it has verified the deaths of 490 protesters and 48 security personnel, with more than 10,600 people arrested in two weeks of unrest. Iran has not given an official toll and Reuters was unable to independently verify the tolls.
World
Israel on high alert for possibility of US intervention in Iran
Israel is on high alert for the possibility of any U.S. intervention in Iran as authorities there confront the biggest anti-government protests in years, Reuters reported citing three Israeli sources with knowledge of the matter.
President Donald Trump has repeatedly threatened to intervene in recent days and warned Iran’s rulers against using force against demonstrators. On Saturday, Trump said the U.S. stands “ready to help”, Reuters reported.
The sources, who were present for Israeli security consultations over the weekend, did not elaborate on what Israel’s high-alert footing meant in practice. Israel and Iran fought a 12-day war in June, in which the U.S. joined Israel in launching airstrikes.
In a phone call on Saturday, Israeli Prime Minister Benjamin Netanyahu and U.S. Secretary of State Marco Rubio discussed the possibility of U.S. intervention in Iran, according to an Israeli source who was present for the conversation. A U.S. official confirmed the two men spoke but did not say what topics they discussed.
Israel has not signalled a desire to intervene in Iran as protests grip the country, with tensions between the two arch-foes high over Israeli concerns about Iran’s nuclear and ballistic missile programmes.
In an interview with the Economist published on Friday, Netanyahu said there would be horrible consequences for Iran if it were to attack Israel. Alluding to the protests, he said: “Everything else, I think we should see what is happening inside Iran.”
World
China, Russia, Iran start ‘BRICS Plus’ naval exercises in South African waters
The expanded BRICS group also includes Egypt, Indonesia, Saudi Arabia, Ethiopia and the United Arab Emirates.
China, Russia and Iran began a week of joint naval exercises in South Africa’s waters on Saturday in what the host country described as a BRICS Plus operation to “ensure the safety of shipping and maritime economic activities”.
BRICS Plus is an expansion of a geopolitical bloc originally comprising Brazil, Russia, India, China and South Africa – and seen by members as a counterweight to U.S. and Western economic dominance – to include six other countries.
Though South Africa routinely carries out naval exercises with China and Russia, it comes at a time of heightened tensions between U.S. President Donald Trump’s administration and several BRICS Plus countries, including China, Iran, South Africa and Brazil.
The expanded BRICS group also includes Egypt, Indonesia, Saudi Arabia, Ethiopia and the United Arab Emirates.
Chinese military officials leading the opening ceremony said Brazil, Egypt and Ethiopia participated as observers.
“Exercise WILL FOR PEACE 2026 brings together navies from BRICS Plus countries for … joint maritime safety operations (and) interoperability drills,” South Africa’s military said in a statement.
Lieutenant Colonel Mpho Mathebula, acting spokesperson for joint operations, told Reuters all members had been invited.
Trump has accused the BRICS nations of pursuing “anti-American” polities, and last January threatened all members with a 10% trade tariff on top of duties he was already imposing on countries across the world.
The pro-Western Democratic Alliance, the second largest party in South African President Cyril Ramaphosa’s coalition, said the exercises “contradict our stated neutrality” and that BRICS had “rendered South Africa a pawn in the power games being waged by rogue states on the international stage”.
Mathebula rejected that criticism.
“This is not a political arrangement … there is no hostility (towards the U.S.),” Mathebula told Reuters, pointing out that South Africa has also periodically carried out exercises with the U.S. Navy.
“It’s a naval exercise. The intention is for us to improve our capabilities and share information,” she said.
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