The Trump administration is ramping up pressure on Venezuela, with the USS Gerald R. Ford deployed to the region, CIA covert operations approved by the White House, and strikes on suspected narco‑trafficking vessels attributed to Caracas. Many analysts now see regime change as the ultimate goal. On the GZERO World Podcast, Ian Bremmer and former US Ambassador James Story game out what a US intervention in Venezuela might look like—and more importantly, how the US would manage the aftermath.

Story points out that while removing Nicolás Maduro may sound feasible, rebuilding Venezuela’s institutions, economy and social fabric would be far harder. “The country is a failed state,” he says. “You’re going to need the military to help you secure peace while you rebuild.” As Washington talks of sanction relief and diplomatic pressure, Story asks: does the US have the capability, resources or will to stay for the long haul?

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Venezuelans living in Colombia hold flags as they gather at Plaza de Bolivar to celebrate after U.S. President Donald Trump said the U.S. has struckVenezuela and captured its President Nicolas Maduro and his wife Cilia Flores, in Bogota, Colombia, January 3, 2026.
REUTERS/Andres Galeano

303 billion: Venezuela is home to 303 billion barrels of oil reserves – the largest of any country, accounting for nearly a fifth of all proven reserves in the world. Proven reserves refers to oil that is known to exist and could be extracted with current technology.