Follow live updates as President Donald Trump speaks about Venezuela's future and U.S. allies respond to his threats against Greenland.

Venezuela is a unique case in the global energy landscape. By the country’s own estimates, it possesses the world’s largest proven oil reserves — about 303bn barrels, roughly 17 per cent of the global total.

The U.S. seized Maduro and first lady Cilia Flores in a military operation Saturday, removing them both from their home on a military base in Venezuela’s capital, Caracas. Hours later, Trump said the U.S. would “run” Venezuela and expressed skepticism that Machado could ever be its leader.

President Trump's focus on Venezuela's and push to expand America's reach steers him further from America's top concern: the economy.

US President Donald Trump has said Venezuela "will be turning over" up to 50 million barrels of oil - worth about $2.8bn (£2.1bn) - to the US, after a military operation to remove President Nicolás Maduro from power.

President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by the US.

Drivers in Caracas say their GPS systems have been malfunctioning since the U.S. strikes Venezuela despite detectors showing a strong signal. Analysts say the issues could be linked to the reported electronic jamming of satellite signals by the U.