US VP says Venezuela can only sell oil if it serves US interests

This view shows crude oil tankers anchored on Lake Maracaibo, Venezuela, Jan. 7, 2026. (AFP)
Short Url
Updated 08 January 2026
Follow

US VP says Venezuela can only sell oil if it serves US interests

  • The United States controls Venezuela’s ‍purse ‍strings, Vance said

WASHINGTON: US Vice President JD Vance, in remarks ​due to air later on Wednesday, said Venezuela can only sell its oil if it serves the interests ‌of the ‌United States.
Vance ‌told ⁠Fox ​News’ “Jesse ‌Waters Primetime” show that the United States — which carried out strikes against the South American country and ⁠captured its president over ‌the week — controls Venezuela’s ‍purse ‍strings.
“We control the ‍energy resources, and we tell the regime, you’re allowed to sell the ​oil so long as you serve ⁠America’s national interest, you’re not allowed to sell it if you can’t serve America’s national interest,” Vance said.
Excerpts of the interview were released before it aired.


Ethiopia accuses Eritrea of arming rebels in escalating war of words

Updated 5 sec ago
Follow

Ethiopia accuses Eritrea of arming rebels in escalating war of words

  • The charge by Ethiopia’s federal police escalates a feud between Ethiopia and Eritrea
  • The two countries fought a three-year border war that broke out in 1998

ADDIS ABABA: Ethiopian police said they had seized thousands of rounds of ammunition sent by Eritrea to rebels in Ethiopia’s Amhara region, an allegation Eritrea dismissed as a falsehood intended to justify starting a war.
The charge by Ethiopia’s federal police escalates a feud between Ethiopia and Eritrea, longstanding foes who reached a peace deal in 2018 that has since given way to renewed threats and acrimony.
The police said in a statement late on Wednesday they had seized 56,000 rounds of ⁠ammunition and arrested two suspects this week in the Amhara region, where Fano rebels have waged an insurgency since 2023.
“The preliminary investigation conducted on the two suspects who were caught red-handed has confirmed that the ammunition was sent by the Shabiya government,” the statement said, using a term for Eritrea’s ruling party.
Eritrea’s Information Minister Yemane Gebremeskel told Reuters that Ethiopian Prime ⁠Minister Abiy Ahmed’s Prosperity Party (PP) was looking for a pretext to attack.
“The PP regime is floating false flags to justify the war that it has been itching to unleash for two long years,” he said.
In an interview earlier this week with state-run media, Eritrean President Isaias Afwerki said the Prosperity Party had declared war on his country. He said Eritrea did not want war, but added: “We know how to defend our nation.”
The two countries fought a three-year border war that broke out in 1998, five years after Eritrea won its independence from Ethiopia. They ⁠signed a historic agreement to normalize relations in 2018 that won Ethiopia’s Abiy the Nobel Peace Prize the following year. Eritrean troops then fought in support of Ethiopia’s army during a 2020-22 civil war in Ethiopia’s northern Tigray region.
But relations soured after Asmara was frozen out of the peace deal that ended that conflict. Since then, Eritrea has bristled at repeated public declarations by Abiy that landlocked Ethiopia has a right to sea access — comments many in Eritrea, which lies on the Red Sea, view as an implicit threat of military action.
Abiy has said Ethiopia does not seek conflict with Eritrea and wants to address the issue of sea access through dialogue.