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The Story

Is Trump's attack on Venezuela about drugs, politics or oil?

The Story

The Times

Daily News Podcast, Exclusive Interviews, Daily News, Current Affairs, Global News, News, Investigative Reporting, Long-form Audio, In-depth Journalism, Audio Storytelling, News Analysis, Politics, Uk News

3.91.6K Ratings

🗓️ 5 January 2026

⏱️ 33 minutes

🧾️ Download transcript

Summary

The US has bombed Venezuela and abducted its President, Nicolás Maduro. But why did Donald Trump do it? And with Maduro now in New York awaiting trial, what’s next for his country?


This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestory


Guest: Louise Callaghan, US correspondent, The Times.

Host: Manveen Rana.

Producer: Harry Stott.

Read more: Why has Trump attacked Venezuela now? A history of US intervention

Further listening: Are Trump's strikes in Venezuela a 'war on drugs' - or a grab for oil?

Clips: The White House / X, Guardian News / Youtube. 

Photo: Getty Images.

Get in touch: thestory@thetimes.com

This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here.


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Transcript

Click on a timestamp to play from that location

0:00.0

From the Times and the Sunday Times, this is the story. I'm Manvine Rana.

0:09.4

Whatever the predictions for 2026, within days of the new year beginning, they were being rewritten,

0:17.2

as what might prove to be one of the most significant geopolitical events of the year burst onto the scene.

0:25.4

Last night on the order of the President of the United States,

0:29.7

United States military conducted an apprehension mission in Caracas, Venezuela,

0:36.5

to bring to justice two indicted persons, Nicholas

0:39.6

and Sassia Maduro.

0:41.7

It might sound like a movie trailer, but this video, released by the White House, describes the

0:48.7

audacious operation that has left the Venezuelan president, Nicholas Maduro, in U.S. custody.

0:55.9

This was one of the most stunning, effective and powerful displays of American military might and competence in American history.

1:05.2

It's not your typical New Year's greeting, but the video from the White House also included a message to the world

1:12.8

on Trump's foreign policy. Nicholas Maduro had his chance until he didn't. He hefted around

1:19.7

and he found out. People need to understand that this is not a president that just talks and does

1:24.1

letters and press conferences. If he says he's serious about something, he means it. Don't play games with this president's in office,

1:29.3

because it's not going to turn out well.

1:31.3

The Trump administration is clearly jubilant,

1:37.3

while the rest of the world works out how to react.

1:41.3

Was this operation legal?

1:43.3

Are we watching regime change in Venezuela? What comes next

1:48.5

is still unclear, but according to President Trump, America is now in charge.

1:54.5

So we are going to run the country until such time as we can do a safe, proper and judicious transition.

2:05.2

So what's behind Donald Trump's strategy?

...

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