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This Is What Greedy Trump’s Really Up To With Oil: Scaramucci

January 11, 2026
in News, Politics
This Is What Greedy Trump’s Really Up To With Oil: Scaramucci

Former White House Communications Director Anthony Scaramucci knows the real reason Trump wrenched Nicolás Maduro out of Venezuela—and it has nothing to do with narcoterrorism.

“I think Trump looks at this and sees that there’s a possible self-enrichment angle for him. I think that’s pretty obvious,” the 62-year-old former White House Communications Director told Joanna Coles on The Daily Beast Podcast.

Anthony Scaramucci at "The ABC News Presidential Debate: Race for the White House" held at the National Constitution Center on September 10, 2024 in Philadelphia, Pennsylvania.
Anthony Scaramucci famously lasted only 10 days as White House communications director, and he quickly became a vehement Trump critic. Bryan Dozier/Variety via Getty Images

The second key reason for the strike, according to Scaramucci, is that Trump wanted oil money.

“Somebody went to [Trump], because he’s a great conspiratorialist, and said, ‘OK, listen, you’ve got 46 billion or so barrels of known reserves. They’ve got 300 plus. You take them, Canada, US, and we’re roughly 50 percent of the known reserves,’” Scaramucci said.

“‘You can put a herd on potentially people in the Soviet Union, now known as Russia… You could put another big herd on people in the Middle East,’” Scaramucci continued. “‘You might be able to change our geo-strategic footprint.’”

“Okay, so essentially we’re reducing our reliance on foreign actors and helping ourselves to Venezuela’s oil coffers?” asked Coles.

“It’s imperialism, is what it is, yeah,” Scaramucci replied. “That’s what he’s doing.”

US President Donald Trump speaks during a meeting with US oil companies executives in the East Room of the White House in Washington, DC on January 9, 2026. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. US forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on January 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions. (Photo by SAUL LOEB / AFP via Getty Images)
Trump pitched US oil tycoons on investing in Venezuelan oil on Friday while wearing a pin in his likeness. SAUL LOEB/AFP via Getty Images

After the U.S. military abducted the Venezuelan dictator and his wife in a stunning Jan. 3 smash-and-grab operation, top Trump administration officials have attempted to emphasize a story that Maduro was the head of a narcoterrorist cartel funneling drugs into the United States.

Trump, meanwhile, has barely mentioned Maduro’s alleged crimes as he’s gushed about the untapped oil at his fingertips.

At the Jan. 3 press conference about the Maduro operation, the president said, “We’re going to have our very large United States oil companies, the biggest anywhere in the world, to go in, spend billions of dollars to fix the badly broken infrastructure, the oil infrastructure, and start making money for the country.”

Secretary of State Marco Rubio speaks during a press conference as President Donald Trump stood to his side with his eyes briefly closed at Mar-a-Lago club on January 03, 2026, in Palm Beach, Florida.
Trump has not seemed interested in hyping up Maduro’s crimes like administration officials like Marco Rubio. Joe Raedle/Getty Images

Scaramucci acknowledged Maduro’s dictatorial regime, but noted that his problems were also known by Trump’s predecessors, who declined to take such a drastic action in Venezuela. The difference between Trump and previous U.S. presidents is that Trump prioritized money over another nation’s “sovereign integrity,” according to the former communications director.

“There’s a tremendous amount of drug trafficking and terrorism and terrorist training that comes out of Venezuela,” said Scaramucci. “And so you would say to yourself, should we do something there or not?”

“I think past presidents have said, we don’t want to do anything there because of the rules-based society and the sovereign integrity and things like that, but we’re going to sanction them and players that don’t act in the interest of the United States,” he continued.

Nicolas Maduro
Nicolas Maduro was escorted by heavily armed federal agents after his capture on Jan 3. XNY/Star Max/GC Images

Scaramucci, who served in the first Trump administration for eleven days, said he would’ve counseled against the attack.

“I‘m a realist, but I will tell you that it was the wrong thing to do,” he said. “If I were in the position to make that decision, I would have never sanctioned that. I don’t think a Harris, a Biden, a George W. Bush would have sanctioned that.”

Trump’s naked play for foreign oil has divided the MAGA base so far, as Republicans have grumbled for the president to enact his promised “America First” agenda instead of busying himself with foreign military conflicts.

Donald Trump attends the America First Policy Institute Gala held at Mar-a-Lago on November 14, 2024 in Palm Beach, Florida.
Trump has promised an “America First” presidency, but has pursued foreign diplomacy while the American economy struggles. Joe Raedle/Getty Images

But Scaramucci warns that Venezuela is just another broken promise that core Trump supporters will convince themselves to accept.

“They don’t care. They’ll stay with him,” said Scaramucci of Trump’s voters. “He said, ‘No forever wars.’ He’s now prosecuting forever wars. No problem. They said, ‘You know, we want the Epstein files. There’s a lot of pedophilia out there, and there’s pizza rings and all this other nonsense, and they said, ‘Okay we’re going to give that all to you.’ Now, ‘We’re not going to give it to you. Elon Musk told you why, because he’s in the file, and they said, ‘Okay, all right, no problem.’”

The White House did not immediately respond to a request for comment. Spokesman Kush Desai previously said of Scaramucci, “After getting caught up in the drug of relevance, Anthony Scaramucci is marveling at the fact that The Daily Beast still takes him seriously.”

New episodes of The Daily Beast Podcast are released every Monday, Wednesday and Sunday on YouTube. Follow our new feed on your favorite podcast platform at beast.pub/dailybeastpod and subscribe on YouTube to watch full episodes.

The post This Is What Greedy Trump’s Really Up To With Oil: Scaramucci appeared first on The Daily Beast.

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