Yesterday’s News 2026 01 15

curated news excerpts & citations



Belly of the Beast: Halliburton Admits U.S. Drove Them Out of Venezuela

President Donald Trump met with major U.S. oil companies to discuss Venezuela’s oil future. But during the meeting, one executive acknowledged that his company didn’tleave Venezuela because of the Venezuelan government, but due to U.S. sanctions imposed by Trump himself six years ago.

Halliburton Company’s CEO confirmed their operations in Venezuela ended in 2019 after sanctions made it legally impossible to stay, despite decades working in the country and hundreds of Venezuelan workers employed by the company.

The contradiction is not unique to Venezuela. The same dynamic has played out in Cuba: the U.S. imposes “maximum pressure” sanctions that drive out U.S. companies, destroy the economy, and immiserate the population. Then the U.S. points to the resulting collapse as proof of failure and the reason why the doors need to be opened to U.S. companies — except the U.S. was the one that closed them in the first place.

Money Control: Trump asks why US oil companies left Venezuela, CEO cites 2019 sanctions