Politics
Trump urges US oil giants to repair Venezuela’s ‘rotting’ energy industry

WASHINGTON: US President Donald Trump met with executives from some of the world’s largest oil companies at the White House on Friday to discuss Venezuela, saying he wants them to invest $100 billion in the country to vastly expand its production.
Trump has named oil as the priority for his strategy for the South American nation after US forces seized its leader Nicolas Maduro in an overnight raid on its capital January 3.
“American companies will have the opportunity to rebuild Venezuela’s rotting energy infrastructure and eventually increase oil production to levels never, ever seen before,” Trump said at the opening of the meeting.
He was flanked by top executives from Exxon Mobil, ConocoPhillips, Chevron Corp and others.
“We’re going to be making the decision as to which oil companies are going to go in,” the Republican president said.
He praised an agreement with Venezuela’s interim leaders to provide 50 million barrels of crude oil to the US, where numerous refineries are specially equipped to refine it. Trump said he expects such deliveries to continue indefinitely.
“One of the things the United States gets out of this will be even lower energy prices,” he said.
US forces have continued to apprehend Venezuelan oil tankers at sea to enforce an embargo. The fifth such seizure was announced on Friday.
Trump administration officials have said they need to control Venezuela’s oil sales and revenues indefinitely to ensure the country acts in America’s interests, including by reducing corruption and drug trafficking.
Some Democratic lawmakers have criticised this approach as extortion. Industry analysts have also warned about political instability as the country treads a fine line between denouncing Maduro’s capture and appeasing the US
“Uninvestible”
Companies including Chevron, Vitol and Trafigura are competing for US licenses to market Venezuela’s existing crude oil, but oil majors are hesitant to commit to big, longer-term investments in Venezuela due to high costs and political instability.

Exxon CEO Darren Woods said at the White House meeting that the company sees Venezuela as currently “uninvestable” and needs to see significant changes to return there
“We’ve had our assets seized there twice, and so you can imagine to re-enter a third time would require some pretty significant changes,” he said.
“We’re confident that with this administration and President Trump, working hand in hand with the Venezuelan government, that those changes can be put in place,” he said.
Exxon and ConocoPhillips departed Venezuela nearly 20 years ago after their assets were nationalised.
Chevron Vice Chairman Mark Nelson said the company is committed to investments in Venezuela. Chevron the only US oil major still operating in the country.
Several smaller independents and private equity-backed players were also invited to the meeting, including some with links to Colorado, home state of Energy Secretary Chris Wright. Many of those executives praised Trump for his policies on Venezuela, and said they were prepared to invest in the country and market its oil.
Decades of underinvestment have eroded production in Venezuela, an OPEC member that boasts the world’s largest oil reserves but accounts for only about 1% of global supply.
Venezuela pumped as much as 3.5 million barrels per day in the 1970s, more than triple current levels.
Trump said at the meeting that the US would guarantee the physical and financial security of oil companies investing in Venezuela, but did not provide details.
On Friday morning, Energy Secretary Chris Wright said in an interview on Fox News ahead of the White House talks that there is “a real possibility” the US could use its Export-Import Bank to help fund large oil projects in Venezuela. This could reduce financial risks for companies that decide to invest there.
Trump added the ongoing discussions with oil companies are aimed at securing commitments.
“We have to get them to invest and then we have to get their money back as quickly as we can,” Trump said. “And then we can divvy it all up between Venezuela, the United States, and them. I think it’s simple. I think the formula is simple.”
Politics
Trump orders plan for military action on Greenland

Donald Trump has ordered special forces commanders to prepare plans for an invasion of Greenland, but the proposal is facing resistance from senior military figures, The Mail on Sunday understands.Sources said policy hawks around the US President, led by political adviser Stephen Miller, feel emboldened by the reported success of the operation to detain Venezuela’s leader, Nicolás Maduro. They are said to want swift action to secure the island before Russia or China takes steps of its own.
British diplomats believe Trump is also driven by a wish to divert voters’ attention from the state of the US economy ahead of the mid-term elections later this year, after which he could lose control of Congress to the Democrats.
Such a move would place him in direct conflict with Sir Keir Starmer and would, in effect, bring about the collapse of Nato.
Sources divulged that the president asked the Joint Special Operations Command (JSOC) to prepare an invasion plan. The proposal has met opposition from the Joint Chiefs of Staff, who argue that it would be unlawful and would not receive congressional backing.
One source said efforts had been made to divert Trump’s attention towards less contentious options, including intercepting Russian “ghost ships” — a covert fleet of vessels used by Moscow to bypass Western sanctions — or considering military action against Iran.
Diplomats have conducted war games around what they describe as an “escalatory scenario”, in which Trump uses force or political pressure to break Greenland’s ties with Denmark.
One diplomatic cable terms a worst-case outcome that results in “the destruction of Nato from within”.
It adds that some European officials suspect this is the underlying objective of the hardline Maga faction around Trump. Since Congress would not permit a US withdrawal from Nato, the occupation of Greenland could compel European states to abandon the alliance.
“If Trump wants to end Nato, this may be the most convenient route,” the cable says.
Under a ‘compromise scenario’, Denmark would grant the United States full military access to Greenland while denying access to Russia and China.
Politics
OIC terms Israel’s recognition of Somaliland illegal, warns against displacing Palestinians

- OIC meeting held after Israel’s announcement to recognise “Somaliland”.
- Decision sets dangerous precedent under international law: secy general.
- Organisation warns against cooperation in Palestinian displacement schemes.
The Organisation of Islamic Cooperation (OIC) has strongly condemned and categorically rejected Israel’s decision to recognise the so-called “Somaliland” as an independent state, calling the move a blatant violation of the sovereignty, national unity, territorial integrity, and internationally recognised borders of the Federal Republic of Somalia.
The condemnation was issued during the 22nd Extraordinary Session of the OIC Council of Foreign Ministers, held on Saturday at the headquarters of the OIC General Secretariat in Jeddah. The emergency meeting was convened to discuss the serious developments in Somalia following Israel’s announcement on December 26, 2025.
Addressing the opening session, OIC Secretary General Hissein Brahim Taha said the meeting was taking place at an extremely delicate and sensitive time. He said that Israel’s recognition of the so-called “Somaliland” region constitutes a dangerous precedent, a flagrant violation of international law, and a direct threat to regional security and stability in the Horn of Africa.
Deputy Prime Minister and Foreign Minister Ishaq Dar represented Pakistan during the meeting, which also passed two resolutions — one to condemn Israel’s recognition of Somaliland and another against schemes for the displacement of Palestinians from their land.
In its strongly worded resolution, the OIC affirmed its full and unwavering support for the sovereignty of the Federal Republic of Somalia and expressed strong solidarity with the Somali government and people.
The organisation reiterated its absolute rejection of any actions or measures that could undermine Somalia’s unity, territorial integrity, or sovereignty over its entire territory.
The OIC stressed that Israel’s action constitutes a flagrant violation of international law, the United Nations Charter, and the fundamental principle of respect for state sovereignty and territorial integrity.
It warned that the move poses a direct threat to peace and security in the Horn of Africa and the Red Sea region, with potentially dangerous implications for regional and international peace.
Reaffirming its long-standing position, the OIC emphasised that the so-called “Somaliland” is an integral and inseparable part of the Federal Republic of Somalia and does not possess any independent international legal status.
The resolution read that any attempt to separate or recognise “Somaliland” represents blatant interference in Somalia’s internal affairs and a direct affront to its unity and sovereignty.
The organisation also strongly condemned what it described as an illegal visit carried out on January 6, 2026, by an Israeli official to Somaliland, asserting that the visit constituted a serious violation of Somalia’s sovereignty and territorial integrity.
Additionally, the OIC categorically rejected any illegal foreign military, security, or intelligence presence on Somali territory, particularly any Israeli presence.
It stressed that attempts to establish military bases, security arrangements, strategic investments, or any foreign presence without the approval of Somalia’s legitimate federal government are an assault on national sovereignty and a “red line that cannot be crossed.”
The OIC called on its member states, as well as international and regional organisations, to refrain from any form of official or quasi-official engagement with “Somaliland” authorities outside the framework of Somalia’s national sovereignty.
In another resolution, the organisation also warned against any cooperation with Israeli schemes to forcibly displace the Palestinian people, stating that such cooperation would amount to complicity in crimes and serious violations of international and humanitarian law.
The OIC categorically rejected any scheme and attempts to displace Palestinians from their land, including in Gaza.
The organisation urged its secretary general to engage the UN Security Council, the UN General Assembly, and the UN secretary general to highlight the gravity of Israel’s actions and called on the international community, particularly permanent members of the UNSC, to uphold their legal and moral responsibilities to protect international peace and security in the Horn of Africa.
Politics
Trump says US ‘ready to help’ as Iran protests continue

WEST PALM BEACH: US President Donald Trump said on Saturday that the United States was “ready to help” as anti-government protests in Iran continued and authorities in Tehran signalled a tougher crackdown on demonstrators.
“Iran is looking at FREEDOM, perhaps like never before. The USA stands ready to help!!!” Trump wrote in a social media post, without giving further details.
His comments came as Iran’s leadership warned it could intensify action against the largest wave of protests in years, with the Revolutionary Guards blaming unrest on “terrorists” and vowing to protect the ruling system.
After nightfall on Saturday, new videos posted online purported to show fresh protests in a number of neighbourhoods in the capital Tehran and several cities, including Rasht in the north, Tabriz in the north-west and Shiraz and Kerman in the south. Reuters could not immediately verify the latest videos.
The exiled son of Iran’s last shah, who has emerged as a prominent voice in the fragmented opposition, made his strongest call yet for the protests to broaden into a revolt to topple the clerical rulers.
State media said a municipal building was set on fire in Karaj, west of Tehran, and blamed “rioters”. State TV broadcast footage of funerals of members of the security forces it said were killed in protests in the cities of Shiraz, Qom and Hamedan.
Footage posted on Friday on social media showed large crowds gathered in Tehran and fires lit in the street. In one video verified by Reuters showing a night-time protest in Tehran’s Saadatabad district, a man is heard saying the crowd had taken over the area.
Protests have spread across Iran since December 28, beginning in response to soaring inflation, and quickly turning political with protesters demanding an end to the incumbent government. Authorities accuse the US and Israel of fomenting unrest.
A senior US intelligence official described the situation as an “endurance game”. The opposition was trying to keep up pressure until key government figures either flee or switch sides, while the authorities were trying to sow enough fear to clear the streets without giving the United States justification to intervene, the official said.
Iranian rights group HRANA says at least 50 protesters and 15 security personnel have been killed, and some 2,300 arrested.
Army says ‘terrorist groups’ seek to undermine security
The semi-official Tasnim news agency reported the arrest of 100 “armed rioters” in the town of Baharestan near Tehran.
In a statement broadcast by state TV, the IRGC – an elite force which has suppressed previous bouts of unrest – accused “terrorists” of targeting military and law enforcement bases over the past two nights. It said several citizens and security personnel had been killed and public and private property set on fire.
Safeguarding the achievements of the Islamic revolution and maintaining security was a “red line”, it added.
The regular military also issued a statement saying it would “protect and safeguard national interests, the country’s strategic infrastructure, and public property”.
Pahlavi says goal is to prepare to ‘seize city centres’
In a video posted on X, US-based Reza Pahlavi, 65, whose father was toppled as Iran’s shah in the 1979 revolution, said the Islamic Republic would be brought “to its knees”. He called for people to seize the centres of their towns, and said he was preparing to return soon to Iran.
“Our goal is no longer merely to come into the streets; the goal is to prepare to seize city centres and hold them,” he said.
A doctor in north-western Iran said that since Friday, large numbers of injured protesters had been brought to hospitals. Some were badly beaten, suffering head injuries and broken legs and arms, as well as deep cuts.
At least 20 people in one hospital had been shot with live ammunition, five of whom later died.
Trump said on Thursday he was not inclined to meet Pahlavi, a sign that he was waiting to see how the crisis plays out before backing an opposition leader.
Iran’s rulers have weathered repeated bouts of unrest, including student protests in 1999, over a disputed election in 2009, against economic hardships in 2019, and in 2022 over the death in custody of a woman accused of violating dress codes.
Trump, who joined Israel to strike Iran’s nuclear sites last summer, has included Iran in lists of places in which he could intervene since sending forces to seize the president of Venezuela a week ago. On Friday, in a warning to Iran’s leaders, he said: “You better not start shooting because we’ll start shooting too.”
On Friday, Khamenei accused protesters of acting on behalf of Trump, saying rioters were attacking public properties and warning that Tehran would not tolerate people acting as “mercenaries for foreigners”.
-
Sports6 days agoVAR review: Why was Wirtz onside in Premier League, offside in Europe?
-
Entertainment4 days agoDoes new US food pyramid put too much steak on your plate?
-
Politics4 days agoUK says provided assistance in US-led tanker seizure
-
Entertainment3 days agoWhy did Nick Reiner’s lawyer Alan Jackson withdraw from case?
-
Sports6 days agoSteelers escape Ravens’ late push, win AFC North title
-
Politics6 days agoChina’s birth-rate push sputters as couples stay child-free
-
Entertainment6 days agoMinnesota Governor Tim Walz to drop out of 2026 race, official confirmation expected soon
-
Sports6 days agoFACI invites applications for 2026 chess development project | The Express Tribune
