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Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. The U.S. strike on Venezuela has renewed focus on the country's ...

US President Donald Trump says now that Nicolas Maduro is gone, more US oil companies will enter Venezuela and spend billions revitalizing its oil industry. Several key questions have to be answered.

The U.S. conducted a large-scale attack on Venezuela overnight, capturing President Nicholas Maduro and his wife. Analysts told CNBC that the government overthrow is unlikely to disrupt oil markets as ...

The United States will "get the oil flowing the way it should be" in Venezuela with the help of oil companies, President Donald Trump said in a news conference after U.S. forces snatched Nicolás ...

Note: Data shows estimates of proven oil reserves for 2025. Source: Oil & Gas Journal. The New York Times By Stanley Reed Reporting from London Venezuela’s oil industry would “make a lot of money” ...

Oil prices jumped about 3% after Trump's threatened blockade. Oil prices jumped about 3% after President Donald Trump this week threatened to blockade all sanctioned oil tankers traveling in and out ...

President Trump said Wednesday that Venezuela must pay for the oil assets previously seized by the South American nation, as tensions rise over the U.S. military’s action in the Caribbean. “You ...