Trump: "U.S. companies enter Venezuelan oilfields to secure crude… We will recover the stolen oil"

U.S. President Donald Trump has made strong remarks over Venezuelan oil, further raising tensions between the U.S. and Venezuela.

On the 5th (local time), according to WatcherGuru, President Trump recently said, "U.S. companies are entering Venezuela and directly producing oil," and "They stole America's oil. We will recover our stolen oil."

The 'the U.S. had its oil stolen' that President Trump referred to points to the 2007 incident when then-Venezuelan President Hugo Chávez declared resource nationalization and forcibly seized the assets of major U.S. oil companies such as ExxonMobil and ConocoPhillips.

Meanwhile, these remarks came amid a trend of the U.S. increasing military and diplomatic pressure on Venezuela. Earlier in the early hours of the 3rd, the Trump administration carried out a military operation that arrested Venezuelan President Nicolás Maduro and his wife and transported them to the United States.

Experts say that if additional U.S. sanctions or trade and diplomatic measures follow, energy price volatility and overall financial market uncertainty could increase. It has also been suggested that the operation against Venezuela could have ripple effects across U.S.-Latin America relations and related markets. In fact, immediately after the Venezuela operation, President Trump also sent warnings to Mexico, Colombia, and Cuba.