Trump Declares Self Venezuela's Acting President
Analysis based on 8 articles · First reported Jan 12, 2026 · Last updated Jan 12, 2026
The market impact is significant due to the geopolitical instability created by the United States' intervention in Venezuela. The seizure and sale of Venezuela's oil by the United States could disrupt global oil prices and supply, while the political uncertainty in Venezuela could deter foreign investment.
US President Donald Trump declared himself 'Acting President of Venezuela' on Truth Social, following a large-scale US strike that led to the capture and indictment of Venezuelan leader Nicolás Maduro and his wife Cilia Flores on narco-terrorism charges. Donald Trump stated that the United States would 'run Venezuela' until a safe transition and announced plans to control 30-50 million barrels of Venezuela's 'high-quality, sanctioned oil' for sale in the US market, with proceeds to benefit both the people of Venezuela and the United States. Delcy Rodríguez was sworn in as Venezuela's interim president, but her authority is overshadowed by the US intervention. Energy Secretary Chris Wright has been tasked with executing the oil transfer plan.
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