Message to INFODIO readers: investigative journalism, which is what this site does, takes lots of time and effort. Visiting media looking for a quick run down on Venezuela's gargantuan corruption, pls have the decency to at least cite the source when plagiarising this site's content without attribution (exhibit Reuters here, exhibit Bloomberg here, exhibit OCCRP here). To all readers: do the right thing, the honest thing, support independent investigative journalism. Note added 28/06/2021: impostors are using INFODIO's former editor's full name, and a fake email address (alek.boyd.arregui at gmail.com) to send copyright infringement claims / take down requests to web hosting companies. The attempt is yet another effort paid by corrupt thugs to erase information about their criminal activities. Infodio.com has no issues with other websites / journalists using / posting information published here, so long as the source is properly cited. Note added 12/06/2026: infodio.com has not created mirror websites / domains and remains totally independent and unrelated to others. Beware of websites using our brand.

August 2026

Donald Trump's Venezuela oil deal won't happen

With customary fanfare Donald Trump announced an oil deal that is meant to give control to the U.S. government of vast reserves of Venezuelan crude. If the Venezuelan and Iranian fiascos wouldn't be so alarmingly clear, some level of credence could be given. But as with every Trump-related claim, this site is calling absolute BS on the whole thing. Firstly, Venezuela does not have the oil reserves that the Donald think it has. The much touted about figure is a complete fabrication of Hugo Chavez that has never been independently verified.