Trump news at a glance: president pitches oil companies on major extractions in Venezuela

We're going to be extracting numbers in terms of oil like few people have seen,' Trump said - key US politics stories from 9 January 2025

Donald Trump had a message for fossil-fuel companies on Friday: Venezuela is now open for business" as the US president vowed the country's resources would be extracted for the benefit of the US, oil companies - and some" money for Venezuelans.

At a roundtable press conference at the White House with more than a dozen oil executives, including leaders from Chevron, ExxonMobil and ConocoPhillips, the US president doubled down on claims that Nicolas Maduro's arrest presents American oil companies with an unprecedented opportunity for extraction.