Russia counters Trump's assertion over oil in Venezuela

[Eugene]

Source: Reuters

Russia counters Trump's assertion over oil in Venezuela

Reuters
Tue, January 13, 2026 at 6:27 AM EST 2 min read

MOSCOW, Jan 13 (Reuters) - Oil assets that Russia develops in Venezuela belong to Russia, which will continue working there, Moscow said on ​Tuesday, after U.S. President Donald Trump's claims of control over the ‌South American country.

Russia's Roszarubezhneft firm said that all the company's assets in Venezuela were the property ‌of Russia and it would stick to its commitments to international partners there, TASS news agency reported.

Roszarubezhneft, owned by a unit of the Russian Ministry of Economic Development, was incorporated in 2020 and soon afterwards acquired the Venezuelan holdings of ⁠Russian state-run oil company ‌Rosneft after Washington imposed sanctions at the time on two Rosneft units for trading Venezuelan oil.

All Roszarubezhneft assets in Venezuela "are ‍the property of the Russian state," in compliance with the laws of Venezuela, international law and agreements between the two countries, it said in a statement, according to TASS.

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Read more: https://finance.yahoo.com/news/russia-counters-trumps-assertion-over-110601404.html

[UpInArms]

1. TFG's tiny sticky fingers

will definitely cause trouble