Fact Check: Did Venezuela “Steal” U.S. Oil in the Past as Donald Trump Claimed?

Media Bias Fact Check (MBFC) publishes daily vetted fact checks from verified IFCN-approved sources. Each claim is independently reviewed for accuracy and context.


Claimant: Donald Trump


Claim: Venezuela “stole” U.S. oil in the past.


Rating: MISLEADING


Explanation: Venezuela nationalized its oil industry in the 1970s under domestic law and compensated foreign companies, including U.S. firms. Describing the nationalization as “stealing” removes key legal and historical context.


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Date: 01/08/2026


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Last Updated on January 8, 2026 by Media Bias Fact Check

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