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Jillian Ambrose
Guardian energy correspondent specialising in the oil sector, offering analysis of global energy markets and reporting on developments such as Venezuela's oil industry.
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Jan 5, 2026
• 14min
Crude appeal: why Trump wants Venezuela’s oil
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Jillian Ambrose, Guardian's energy correspondent, dives into the U.S. raid on Venezuela, unpacking Trump's claims about stolen oil rights. She reveals why Venezuelan oil is appealing — it's rich in heavy crude and has vast reserves that are currently underutilized. Ambrose also explores the history of U.S. involvement in Venezuela's oil sector, the challenges facing American companies due to outdated infrastructure, and China's strong connection to Venezuelan oil flows. Overall, it’s a captivating look at geopolitics and energy markets.
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