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Mehdi's Memo

Trump's Venezuela Attack: It’s All About the Oil, Stupid!

Here are five times Donald Trump himself admitted that illegally attacking Venezuela and toppling Nicolás Maduro was aimed at seizing the country’s massive oil reserves.

Mehdi Hasan's avatar
Mehdi Hasan
Jan 03, 2026
∙ Paid
Trump on Dec. 28, 2025. Photo by Jim Watson/AFP via Getty Images

To understand why Donald Trump just (illegally) attacked Venezuela and kidnapped the country’s president and his wife, you only need to look at this chart, which is based on OPEC numbers.

Via Statista.

Trump didn’t attack Venezuela because it produces fentanyl. It doesn’t. He didn’t attack Venezuela because President Nicolás Maduro controls the Tren de Aragua gang. He doesn’t. He didn’t attack Venezuela because Maduro is the head of the Cartel de los Soles. It doesn’t even exist.

It’s about the oil, stupid!

Don’t believe me? Think it sounds a little conspiratorial?

Well, here’s the thing: Donald Trump, the self-declared ‘peace president,’ the serial liar, also likes to say the quiet part out loud from time to time.

In 2003, George W. Bush and Dick Cheney at least pretended their illegal invasion of Iraq and toppling of Saddam Hussein wasn’t about Iraq’s oil. It was about democracy! WMDs! Al-Qaeda!

Donald Trump, weirdly, shamelessly, and luckily for us, has been brutally honest on the subject of Venezuela and his motivation for regime change in Caracas.

Here he is in his own words.

1. “Return the oil”

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