Winter storms will bring snow, ice, rain this week. Here's who's impacted.

A series of cross-country storms will spreadwinter weatheracross the central and northeastern parts of the United States through the rest of the week, with snow, ice and heavy rain in the forecast.

On Jan. 6, the National Weather Service said a wintry mix will spread from the Great Lakes region up through New England, the latest round of ice and precipitation after recent days of similar conditions.

Ice and snow showers beginning Jan. 6 will continue through midweek from the upper Great Lakes through upstate New York and central New England,the weather service said. Millions of Americans were under winter weather advisories in parts of Minnesota, Wisconsin, Michigan, New York and New England states.

Next, a "larger, more disruptive" storm will bring heavy rain, thunderstorms and snow from the Plains to the East later in the week, according to AccuWeather meteorologists.

Here's what's in store:

When will this cold end?Thaw coming for eastern half of US

People gather on Washington Street as snow falls during a winter storm in the Brooklyn Borough of New York City, December 26, 2025. New York City received around 4 inches of snow overnight. Airlines canceled 1,500 US flights during the peak holiday travel period Friday, with severe winter storm warnings and heavy snow forecast across parts of the Midwest and northeast.

" style="max-width:100%; height:auto; border-radius:6px; margin:10px 0;" loading="lazy" /> People walk with their dog in the snow in Central Park in New York City on December 27, 2025. New York City received around 4 inches of snow overnight. Airlines canceled 1,500 US flights during the peak holiday travel period Friday, with severe winter storm warnings and heavy snow forecast across parts of the Midwest and northeast.

" style="max-width:100%; height:auto; border-radius:6px; margin:10px 0;" loading="lazy" />

See the magic and chaos of holiday snowfall in the Northeast

People gather on Washington Street as snow falls during a winter storm in the Brooklyn Borough of New York City, December 26, 2025.New York City received around 4 inches of snow overnight. Airlines canceled 1,500 US flights during the peak holiday travel period Friday, with severe winter storm warnings and heavy snow forecast across parts of the Midwest and northeast.

Storm to bring wintry mix, icy conditions

Freezing rain with accumulations up to 0.1 to 0.2 inches on the ground could make for slick driving conditions from the upper Great Lakes through upstate New York and central New England, along with coastal Maine, the weather service said. The icy conditions will be accompanied by a chance of snow showers in the Northeast, with snow lingering through midweek.

The highest snowfall accumulations will be found in the mountains of interior New England, but lighter snowfall will linger in the region through Jan. 7, according to the weather service. Precipitation amounts could total between 1 and 6 inches, AccuWeather reported.

"Snow, sleet and freezing rain will affect travel from Minnesota to New England through midweek," AccuWeather said.

Second round of stormy weather to impact dozens of states

Later in the week, a powerful storm coming from the western part of the country will head eastward, spreading rain, thunderstorms and snow over dozens of states, AccuWeather reported. It will spread from Texas up through the Great Lakes on Jan. 8 and 9.

The second storm system will deliver wintry conditions to the Plains and Midwest, and a chance of severe thunderstorms in the Ozarks and Mississippi Valley, according to AccuWeather. States from Texas and Oklahoma through Tennessee and Kentucky could see severe thunderstorms that may bring hail and damaging winds later in the week, AccuWeather Senior Meteorologist Tyler Roys said.

"This coast-to-coast storm is expected to bring snow or a wintry mix from parts of Arizona and New Mexico through the Great Lakes and into northern New England," Roys said, adding that travelers should be prepared for slippery and hazardous road conditions.

More:There's a new lightning capital of the US. It's no longer Florida.

See weather alerts across the US

The interactive map below shows all of the weather alerts (warnings, watches and advisories) currently in effect from the National Weather Service. This map is updated every 15 minutes.

This article originally appeared on USA TODAY:Winter storms forecast to bring snow, ice, rain this week. See where.

byCristiano Ronaldo

in

January 06, 2026

Winter storms will bring snow, ice, rain this week. Here's who's impacted.

A series of cross-country storms will spreadwinter weatheracross the central and northeastern parts of the United States ...

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With Trump's tariffs on the line, US Supreme Court plans rulings for Friday

By Andrew Chung

Jan 6 (Reuters) - The U.S. Supreme Court is expected to issue rulings on Friday as it weighs cases with major implications both nationally and around the world including the legality of President Donald Trump's sweeping ​global tariffs.

The court indicated on its website on Tuesday that it could release decisions in argued cases when the ‌justices take the bench during a scheduled sitting on Friday. The court does not announce ahead of time which rulings it intends to issue.

The challenge to Trump's ‌tariffs is among the most closely watched of the cases awaiting decisions by the top U.S. judicial body that could impact the global economy and marks a major test of presidential powers.

During arguments heard by the court on November 5, conservative and liberal justices appeared to cast doubt on the legality of the tariffs, which Trump imposed by invoking a 1977 law meant for use during national emergencies. The ⁠case involves appeals by Trump's administration after lower ‌courts ruled that his unprecedented use of that law exceeded his authority.

The Republican president has continued to express concern about the possibility of losing the case. In a social media post on Friday, Trump ‍said such a ruling would be a "terrible blow" to the United States.

"Because of Tariffs, our Country is financially, AND FROM A NATIONAL SECURITY STANDPOINT, FAR STRONGER AND MORE RESPECTED THAN EVER BEFORE," Trump said in another post on Monday.

Trump invoked the International Emergency Economic Powers Act on goods imported ​from individual countries to address what he called a national emergency related to U.S. trade deficits, as well as on China, ‌Canada and Mexico as economic leverage to curb the trafficking of the often-abused painkiller fentanyl and illicit drugs into the United States.

Other important cases are also awaiting rulings at the court, which has a 6-3 conservative majority.

In October, the court heard arguments in a challenge to another key section of the Voting Rights Act, the landmark 1965 federal law enacted by Congress to prevent racial discrimination in voting. The conservative majority appeared poised to curb the Voting Rights Act's Section 2, which bars voting maps that would result ⁠in diluting the clout of minorities, even without direct proof of racist ​intent.

The court also heard arguments in October in a challenge on free speech ​grounds to a Colorado law banning psychotherapists from conducting "conversion therapy" that aims to change an LGBT minor's sexual orientation or gender identity. A majority of the justices appeared ready to back a Christian licensed counselor who ‍challenged the law under the U.S. ⁠Constitution's First Amendment protections against government abridgment of free speech.

The court has a busy few months ahead. On January 13, it will hear arguments in a bid to enforce Republican-backed state laws banning transgender athletes from female sports teams ⁠at public schools.

On January 21, in another case with major implications for economic policy, it will hear arguments in Trump's attempt to remove Federal Reserve Governor Lisa ‌Cook, a move without precedent that challenges the central bank's independence. Cook remains in place for the time ‌being.

(Reporting by Andrew Chung in New York; Editing by Will Dunham)

byCristiano Ronaldo

in

January 06, 2026

With Trump's tariffs on the line, US Supreme Court plans rulings for Friday

By Andrew Chung Jan 6 (Reuters) - The U.S. Supreme Court is expected to issue rulings on Friday as it weighs cas...

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Canada's Indigenous governor general to visit Greenland as Trump renews talk of annexing it

TORONTO (AP) —Canada'sIndigenous governor general and its foreign minister will visit Greenland in early February, Prime Minister Mark Carney said Tuesday.

The visit comes as U.S. President Donald Trump renewed his call for the U.S. totake control of Greenland,the Inuit self-governing territory of the kingdom of Denmark. Trump has also previously talked about making Canadathe 51st state.

Canadian Foreign Minister Anita Anand and Governor GeneralMary Simon,who is of Inuk descent, are expected to open a consulate in Nuuk, Greenland.

"The future of Greenland and Denmark are decided solely by the people of Denmark," Carney said while meeting with Danish Prime Minister Mette Frederiksen at Canada's embassy in Paris.

Anand said as an Arctic nation, Canada continues to take a leadership role in defending and protecting the Arctic in conjunction with Indigenous peoples and other Arctic countries.

"This is the heart of our Arctic foreign policy and the rationale for the official opening of a Canadian consulate in Nuuk, Greenland in the coming weeks," Anand said on social media.

The island of Greenland, 80% of which lies above the Arctic Circle, is home to about 56,000 mostlyInuit people.

Simon became Canada's first Indigenous governor general in 2021 and previously served as Canada's ambassador to Denmark. The governor general is the representative of Britain's King Charles, who is thehead of state in Canada, which is a member of the Commonwealth of former colonies.

The leaders of Canada, France, Germany, Italy, Poland, Spain and the United Kingdom joined Denmark's Frederiksen on Tuesday in defending Greenland's sovereignty in the wake of Trump's comments about Greenland, which is part of the NATO military alliance. The leaders issued a statement reaffirming the strategic, mineral-rich Arctic island "belongs to its people."

Frederiksen and Carney are in Paris for the"coalition of the willing" talks on Ukraine, but Carney made a point of meeting with Frederiksen and NATO's secretary-general ahead of those meetings.

"You have been very clear in your statement when it comes to the respect for national sovereignty," Frederiksen said to Carney. "We are both into securing the Arctic region and together with all our NATO allies we can secure the region, so hopefully everybody is willing to work together."

Stephen Miller, the White House deputy chief of staff, said Monday that Greenland should be part of the United States in spite of awarning by Frederiksenthat a U.S. takeover of Greenland would amount to the end of NATO.

Trump has argued the U.S. needs to control Greenland to ensure the security of the NATO territory in the face of rising threats from China and Russia in the Arctic. "It's so strategic right now," he told reporters Sunday.

Carney said he's made Arctic security a priority.

"We are making progress within NATO but we have to do more," Carney said at an earlier press conference in Paris.

Daniel Béland, a political science professor at McGill University in Montreal, said it's important at this point for Canada to show solidarity with the people of Greenland.

"It is vital for Canada partly because we are a major Arctic country and that Greenland is our neighbor, and partly because we have a strong incentive to stand for international law and against Trump-style bullying and aggression," Béland said.

But Béland said Carney wants to avoid upsetting Trump as the free trade agreement between the two major trading partners is renegotiated this year.

"It's a tough balancing act for the prime minister," Béland said.

byCristiano Ronaldo

in

January 06, 2026

Canada's Indigenous governor general to visit Greenland as Trump renews talk of annexing it

TORONTO (AP) —Canada'sIndigenous governor general and its foreign minister will visit Greenland in early February, Pr...

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Ukraine's elite Alpha group hit Russian ammo and oil with deep-strike drones, sparking explosions and fires, security official says

• Ukrainian drones struck an ammunition site and oil depot in Russia, a security official said Tuesday.

• The two strikes were carried out by the "Alpha" group, an elite unit in Ukraine's SBU agency.

• The attacks mark Ukraine's latest deep-strike operations against Russian weapons and energy.

Ukrainian forces used long-range, deep-strike drones to hit a Russian missile arsenal and oil depot supporting the invasion, a security official told Business Insider on Tuesday.

The attacks mark Ukraine's latestdeep strikesas it continues to target Russian weapons and the country's vast energy sector, a major revenue source for the state as it wages war.

A source in the Security Service of Ukraine, the SBU, said that drones hit Russia's 100th Main Missile and Artillery Directorate (GRAU) in the western Kostroma region. They were only authorized to speak on the condition of anonymity to discuss military developments.

The drone attack on the facility triggered asecondary detonation of ammunition, causing powerful blasts at the facility, the source said, calling it an important target because Russia uses it to supply munitions to smaller sites in other areas of the country.

The source said drones also struck an oil depot in the nearby Lipetsk region, sparking an "intense" blaze. Video footage and images shared on social media appeared to show fire and smoke at the two facilities.

Overnight, Ukrainian attack drones successfully hit a Russian oil depot in the town of Usman, Lipetsk Oblast. Seen here, flames leap into the night sky from the burning facility.pic.twitter.com/EN6SRI2sXU

— OSINTtechnical (@Osinttechnical)January 6, 2026

Russia's defense ministry said on Tuesday that it shot down 360Ukrainian droneswithout specifying where. Neither the ministry nor the Russian embassy in the US responded to Business Insider's request for comment.

The SBU source said that the two drone attacks were carried out by itsAlpha group, an elite "spetsnaz" unit considered to be among the best of Ukraine's special forces.

The Alpha group regularly carries out long-range drone attacks against Russian targets, including a recent first-of-its-kind strike on aMoscow-linked oil tankerin the Mediterranean Sea and the stunning June attacks against Russian airbases, known asOperation Spiderweb.

The SBU's Alpha forces also carry out ground operations; for instance, they have participated in Ukraine'sdefense of Pokrovsk, the war-torn city in the eastern Donetsk region that has been the site of some of the conflict's most intense fighting.

"In the New Year, the SBU continues to work successfully on military and oil facilities of the Russian Federation, reducing the enemy's ability to provide their army with ammunition and fuel," the source said in translated remarks shared with Business Insider.

"All Russian rear facilities that work for the war against Ukraine are absolutely legitimate targets," they added.

Since August, Ukraine has stepped up its use oflong-range dronesto attackRussian energy facilitiesin a bid to put pressure on a key source of revenue for Moscow that helps fuel its war efforts.

Ukraine has mostly targeted oil and gas infrastructure on land, such as depots and ports, but in recent weeks, it has expanded attacks to maritime targets, striking severaloil tankersandoil platformsin the Black, Caspian, and Mediterranean seas.

Ukrainian officials have described thedeep-strike operationsas the country's way of imposing "long-range" sanctions on Russia.

Meanwhile, Tuesday's attack on the 100th GRAU arsenal reflects a tactic that Ukraine has long relied on — hittingammunition storage sitesinside Russia to cause more near-term battlefield impacts.

Read the original article onBusiness Insider

byCristiano Ronaldo

in

January 06, 2026

Ukraine's elite Alpha group hit Russian ammo and oil with deep-strike drones, sparking explosions and fires, security official says

Ukrainian drones struck an ammunition site and oil depot in Russia, a security official said Tuesday. The two strikes were carried out by t...

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Nobel Peace Prize recipient Machado pledges to return to Venezuela, sees 'alarming' internal crackdown

Venezuelan opposition leader Maria Corina Machado has vowed to return to Venezuela "as soon as possible" following America's capture of dictator Nicolás Maduro, warning that the current regime is escalating an internal crackdown on dissent and journalists.

Speaking to "Hannity" on Monday, Machado said the moment is now right for her return after spending more than a year in hiding. She secretly escaped Venezuela last month and traveled to Norway to receive the Nobel Peace Prize, which she dedicated to PresidentDonald Trump.

"Well, first of all, I'm planning togo back to Venezuelaas soon as possible," Machado said.

Trump Issues Direct Warning To Venezuela's New Leader Delcy Rodríguez Following Maduro Capture

"As I've always said, Sean, every day I make a decision where I am more useful for our cause. That's why I stayed in hiding for over 16 months, and that's why I decided to go out, because I believed that at this moment I'm more useful to our cause, being able to speak out from where I'm at right now. But I'm going to go as soon possible back home."

Machado said developments in the past 24 hours have been deeply concerning, pointing to what she described as a sweepingexecutive order signed by Maduroon the same day he was captured and flown out of the country by U.S. forces.

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"What we're seeing right now in the last 24 hours is really alarming," she said.

Machado said the order mandates thepersecution of Venezuelanswho support Trump's actions and claimed at least 14 journalists have been detained. A state of emergency decree issued Saturday, but published Monday, orders police to "immediately begin the national search and capture of everyone involved in the promotion or support for the armed attack by the United States," the text of the decree reads,according to Reuters.

She said the situation must be closely monitored by the United States and the Venezuelan people, arguing that the transition away from Maduro must continue.

Bondi Says Trump 'Saved Countless Lives' In Venezuelan Dictator Maduro Capture Operation

"So this is very alarming. This is something that has to be followed carefully, I'm sure, by the United States government and by the Venezuelan people," she said. "And certainly we believe that this transition should move forward."

Machado also sharply criticized Venezuelan Vice President Delcy Rodríguez, calling her unfit to lead any transitional authority. Rodríguez, who has been vice president under Maduro since 2018, wassworn in as interim presidenton Monday.

"Delcy Rodriguez, as you know, is one of the main architects of torture, persecution, corruption, narco trafficking," Machado said. "She's the main ally and liaison with Russia, China, Iran, certainly not an individual that could be trusted by international investors. And she's really rejected, repudiated by the Venezuelan people."

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Machado's comments came just two days after the Trump administration announced that U.S. forces had captured the dictator and his wife, Cilia Flores, after successful "large-scale" military strikes targeting the Venezuelan government. The dictator and his wife are now beingheld in New Yorkwhile they await trial on narco-terrorism charges.

Fox News' Maria Lencki and Louis Casiano contributed to this report.

Original article source:Nobel Peace Prize recipient Machado pledges to return to Venezuela, sees 'alarming' internal crackdown

byCristiano Ronaldo

in

January 06, 2026

Nobel Peace Prize recipient Machado pledges to return to Venezuela, sees 'alarming' internal crackdown

Venezuelan opposition leader Maria Corina Machado has vowed to return to Venezuela "as soon as possible" follow...

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Israel-Gaza live updates: IDF strikes alleged Hezbollah, Hamas targets in Lebanon

The ceasefire in Gaza is broadly holding, despite sporadic clashes between the Israel Defense Forces and Gaza militants -- plus deadly IDF strikes. Israeli forces inside the strip have pulled back to the so-called "yellow line."

The ceasefire is still in the first of three proposed phases. The details of the second phase of the agreement are yet to be agreed. The remains of one deceased hostage are still thought to be in Gaza. Israeli raids are also ongoing in the occupied West Bank.

Israeli strikes continue against alleged Hezbollah targets in southern and eastern Lebanon.

Latest Developments

Jan 6, 7:23 AMPRCS reports injuries after Israeli forces reportedly 'storm' West Bank university

The Palestinian Red Crescent Society said Tuesday that at least 11 people were injured after Israeli forces raided Birzeit University -- a prominent Palestinian public university near Ramallah in the occupied West Bank.Among the injuries were five gunshot wounds, four cases of tear gas inhalation and two injuries from falls, the PRCS said. All those injured were transferred to the hospital for treatment, the group added.In a post to Facebook, Birzeit University said Israeli forces "stormed the campus." The university also shared a video that it said showed Israeli forces on the campus.ABC News has reached out to the Israel Defense Forces for comment.ABC News' Nasser Atta, Jordana Miller and Morgan Winsor

Jan 6, 3:30 AMIDF strikes alleged Hezbollah, Hamas targets in Lebanon

Israeli forces launched a series of airstrikes in southern and eastern Lebanon on Monday, following an Israel Defense Forces evacuation order for four villages it alleged housed Hezbollah and Hamas "infrastructure."

An Israeli military spokesperson earlier warned that strikes would target the villages of Hammara and Ain el-Tineh in eastern Lebanon's Bekaa Valley, and Kfar Hatta and Aanan in the county's south.-ABC News' Will Gretsky

Jan 5, 5:14 AMIDF claims killing of 2 Hezbollah members in Lebanon

The Israel Defense Forces said on Monday that it killed two alleged Hezbollah members in a Sunday strike in the Jamijama area of southern Lebanon.The two people targeted "were engaged in restoring military infrastructures of the terrorist organization Hezbollah," the IDF claimed in a statement posted to X.

צה"ל חיסל שני מחבלים שעסקו בשיקום תשתיות צבאיות של ארגון הטרור חיזבאללהצה"ל תקף וחיסל אתמול, במרחב ג'מיג'מה שבדרום לבנון, שני מחבלים מארגון הטרור חיזבאללה.המחבלים עסקו בניסיונות שיקום תשתיות צבאיות של ארגון הטרור חיזבאללה.פעילותם של המחבלים היוו הפרה בוטה של ההבנות בין…pic.twitter.com/uRdYoV3qd8

— צבא ההגנה לישראל (@idfonline)January 5, 2026

Dec 31, 6:59 AMForeign ministers from 10 countries urge Israel to allow NGO work

The foreign ministers of Canada, Denmark, Finland, France, Iceland, Japan, Norway, Sweden, Switzerland and the U.K. released a joint statement on Wednesday pushing back on Israel's announcement that it will suspend the operations of 37 humanitarian organizations operating in Gaza and the West Bank on Jan. 1.

The ministers expressed "serious concerns about the renewed deterioration of the humanitarian situation in Gaza which remains catastrophic," warning that forecast winter weather will likely exacerbate the situation there.The statement urged Israel to "ensure that international NGOs are able to operate in Gaza in a sustained and predictable way," warning that their deregistration as of Jan. 1 "could result in the forced closure" of NGO operations "within 60 days in Gaza and the West Bank. This would have a severe impact on access to essential services including healthcare."The ministers called on Israel to "ensure the U.N. and its partners can continue their vital work. This is essential to ensure the impartial, neutral, and independent delivery of aid throughout the whole of Gaza. This includes UNRWA, which provides essential services, such as healthcare and education, to millions of Palestinian refugees."The statement said Israel should "lift unreasonable restrictions on imports considered to have a dual use," such as medical and shelter equipment, plus "open crossings and boost the flows of humanitarian aid into Gaza."

Israel announced the suspensions on Tuesday, saying some aid organizations failed to comply with new registration rules. COGAT, the Israeli agency tasked with coordinating aid into Gaza and other areas, said on Wednesday that the new registration system is intended "to ensure aid does not fall into the wrong hands, not to control NGO workers or organizations."

The Israeli Foreign Ministry said the joint statement was "false but unsurprising."

"It reflects a recurring pattern of detached criticism and one-sided demands on Israel, while deliberately ignoring the essential requirement of disarming Hamas -- a prerequisite for the security of Israel and the region," the ministry said in a statement on Wednesday.

The Palestinian NGO Network released a statement criticizing the Israeli move as "dangerous" and posing "a direct threat to life in the Gaza Strip."-ABC News' Morgan Winsor, Somayeh Malekian, NasserAtta, DiaaOstaz and Anna Burd

Dec 29, 6:32 PMTrump says it will be 'horrible' for Hamas if it fails to disarm

While hosting Israeli Prime Minister Benjamin Netanyahu at Mar-a-Lago on Monday, President Donald Trump said Hamas must disarm for the next phase of the Gaza peace plan to begin.If they don't, Trump said it would be "horrible for them" and there would be "hell to pay." The president added that other countries that wanted the ceasefire deal to be made "will go and wipe them out" should Hamas not disarm.

For more, clickhere.

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byCristiano Ronaldo

in

January 06, 2026

Israel-Gaza live updates: IDF strikes alleged Hezbollah, Hamas targets in Lebanon

The ceasefire in Gaza is broadly holding, despite sporadic clashes between the Israel Defense Forces and Gaza militants -...

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Trump says the U.S. may reimburse oil companies for rebuilding Venezuela's infrastructure

President Donald Trump said he believes the U.S. oil industry could get expanded operations in Venezuela "up and running" in fewer than 18 months.

"I think we can do it in less time than that, but it'll be a lot of money," Trump toldNBC News in an interviewMonday.

"A tremendous amount of money will have to be spent, and the oil companies will spend it, and then they'll get reimbursed by us or through revenue," he said.

Whether the U.S. government ultimately agrees to reimburse the oil industry's costs in Venezuela, or alternatively, decides that future revenue is sufficient repayment, will likely be a key factor for the oil companies as they consider their options.

Trump declined to say how much money he believes it would cost companies to repair and upgrade Venezuela'saging oil infrastructure.

"It'll be a very substantial amount of money will be spent" by the oil companies, Trump said. "But they'll do very well."

"And the country will do well," he added.

Despite Trump's optimism, oil companies have appeared skeptical of quickly entering, expanding or investing in Venezuela. A history of state asset seizures, the ongoing U.S. sanctions and thelatest political instabilityall feed into this caution.

Trump said he believed thattapping Venezuela's oil reservesis "going to reduce oil prices."

Gas prices are already at multiyear lows. The average retail gas price on Monday was $2.81,according to AAA. That's the lowest since March 2021.

"Having a Venezuela that's an oil producer is good for the United States because it keeps the price of oil down," Trump also added.

While lower oil prices could make gas cheaper at the pump, it would likely also mean lower revenues for the same big oil companies that Trump is counting on to bankroll the rebuilding of Venezuela's oil industry to the tune of billions of dollars in foreign investment.

Asked if the administration had briefed any oil companies ahead of Saturday's military operation to capture deposed Venezuelan leader Nicolás Maduro, Trump said, "No. But we've been talking to the concept of, 'what if we did it?'"

"The oil companies were absolutely aware that we were thinking about doing something," Trump said. "But we didn't tell them we were going to do it."

Trump told NBC News it was "too soon" to say whether he had personally spoken to top executives at America's three largest oil producers, Exxon Mobil, Chevron and ConocoPhillips.

"I speak to everybody," he said.

ConocoPhillips declined to comment Monday on Trump's plans for Venezuela's oil reserves. Chevron told NBC News it does not comment "on commercial matters or speculate on future investments." Exxon did not immediately respond to questions.

Energy Secretary Chris Wright plans to meet with executives from Exxon and ConocoPhillips this week about Venezuela's oil industry, Bloomberg Newsreported Monday,citing people familiar with the matter.

Wright will be a point person for the Trump administration's broader campaign to rebuild Venezuela's oil infrastructure, a White House official said Monday.

The Trump administration has repeatedly claimed that the U.S. oil industry is eager to return to Venezuela, nearly two decades after the country last nationalized billions of dollars' worth of oil company assets.

"They want to go in so badly," Trump told reporters Sunday evening.

Despite Venezuela's massive reserves of crude oil, large U.S. oil firms have a good reason to pause before committing to expand operations in Venezuela.

In the 1970s, the Venezuelan government nationalized energy assets there, including those owned by Exxon Mobil and ConocoPhillips. In the years since, the companies have tried unsuccessfully to recover billions of dollars.

In 2006 and 2007, the Venezuelan government nationalized even more assets. Then-President Hugo Chávez allowed foreign oil firms to remain, but on less favorable terms, leading to the full departure of Exxon and Conoco.

Chevron, however accepted the terms and remains to this day, thanks in large part to a limited waiver exempting it from U.S. sanctions on Venezuelan oil.

Exxon Mobil CEO Darren Woods recently expressed caution about re-entering Venezuela.

"We've been expropriated from Venezuela two different times," he toldBloomberg News in November,replying to a question about whether Exxon would be interested in Venezuela's oil or gas. "We'd have to see what the economics look like."

byCristiano Ronaldo

in

January 06, 2026

Trump says the U.S. may reimburse oil companies for rebuilding Venezuela's infrastructure

President Donald Trump said he believes the U.S. oil industry could get expanded operations in Venezuela "up and run...

Read More