Camila Domonoske

NPR business correspondent reporting on energy and markets, providing expertise on oil production, markets, and the economics of Venezuela's petroleum sector; appears as the episode's featured correspondent.

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Jan 8, 2026 • 18min

What does President Trump plan to do with Venezuela’s oil?

Camila Domonoske, NPR's business correspondent specializing in energy, dives into President Trump's intriguing plans for Venezuela's oil reserves. She clarifies that the 30-50 million barrels in question are blocked by sanctions, not part of new production. The discussion covers the hefty billion-dollar value of this oil, Trump's messaging around reclaiming it, and the geopolitical implications of controlling Venezuelan resources. Camila also raises critical questions about market impact, investment risks, and the feasibility of rebuilding Venezuela's oil output.

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