Eurasia Group president on Trump’s meeting with oil executives about Venezuela

Watch on YouTube ↗  |  January 08, 2026 at 16:20  |  3:43  |  CNBC
Speakers
Ian Bremmer — President and Founder, Eurasia Group

Summary

Ian Bremmer, president and founder of Eurasia Group, joins CNBC to discuss President Trump's upcoming meeting with oil executives about reviving Venezuelan oil production and Trump's interest in Greenland. Bremmer is skeptical that the Venezuela meeting will produce detailed execution or long-term guarantees, calling it likely headline-heavy. He also says Trump is seeking a way to take Greenland without invading and that this would not dissolve NATO. The segment remains geopolitical rather than a direct market call.

  • Trump is scheduled to meet oil executives about reviving Venezuelan oil production.
  • Bremmer says the meeting may generate headlines but lacks details, execution capacity, and long-term guarantees.
  • Oil CEOs want U.S. government guarantees; it is unclear whether they will receive them.
  • The political transition, security apparatus, and durability of U.S. policy are unresolved for long-term investors in Venezuela.
  • Bremmer says Trump wants a plan to take Greenland without actually invading it.
  • He does not expect a Greenland move to dissolve NATO because there would be no direct U.S. military invasion.
  • No specific stocks, sectors, or trades are named in the discussion.
Ideas
Ian Bremmer President and Founder, Eurasia Group 1:37
Venezuela oil revival may be overpromised.
Bremmer is skeptical that Trump's meeting with oil executives will produce a near-term revival in Venezuelan oil production. Oil CEOs want long-term U.S. government guarantees, but it is an open question whether they will get them. He says Trump usually seeks headlines, and announcements may overstate reality, citing talk of 50 million barrels versus actual conversation of 15 to 25 million. The political transition, security conditions, and durability of U.S. policy after Trump remain unresolved for companies investing long term.
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