US President Donald Trump speaks during the House Republican Party (GOP) member retreat at the Kennedy Center in Washington, DC, on January 6, 2026.
Mandel Ngan | Afp | Getty Images
U.S. President Donald Trump has said he has canceled a fresh military attack on Venezuela, saying the two countries “are working well together,” on rebuilding the nation’s oil and gas infrastructure.
Writing on Truth Social on Friday, Trump also noted Venezuela’s release of “large numbers of political prisoners” which he called “a very important and smart gesture.”
“Because of this cooperation, I have cancelled the previously expected second Wave of Attacks, which looks like it will not be needed, however, all ships will stay in place for safety and security purposes,” Trump said.
Trump went on to say at least $100 billion will be invested in Venezuela by U.S. oil companies, noting that he would meet with representatives for U.S. oil giants at the White House later on Friday.
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