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Blinken: US will judge Israeli government on its policies, not its politicians
WASHINGTON (JTA) — The Biden administration will base its relationship to Israel’s incoming government on the actions it takes, not the people installed in positions of power, U.S. Secretary of State Antony Blinken said during a speech Sunday.
Blinken’s speech, to the conference of the liberal Jewish Middle East policy group J Street, was notable because it offered the first official response to deepening questions about how the White House would work with a Israeli government that includes far-right parties. Until now, sources close to the administration had suggested that the White House could decline to meet with those parties’ leaders.
Blinken said the Biden administration would “continue to unequivocally oppose any acts that undermine the prospects of a two-state solution, including, but not limited to, settlement expansion; moves toward annexation of the West Bank; disruption to the historic status quo at holy sites; demolitions and evictions; and incitement to violence.”
The speech drew criticism from some J Street followers for stopping short of dealing firmly with an incoming Israeli government that they feel is taking aim at some of Israel’s core democratic principles.
“I had zero expectations for Blinken’s speech. And he couldn’t even meet those,” said Richard Goldwasser, a former J Street board member from Chicago, on Twitter. “Pablum on Xanax.”
The theme of J Street’s conference this year was battling anti-democratic forces in Israel and in the United States. Jeremy Ben-Ami, in his opening speech Saturday night, unveiled the group’s new motto, “Pro Israel, pro-peace, pro democracy”; the “pro-democracy” element was new. Ben-Ami drew a contrast with J Street’s main rival, the American Israel Public Affairs Committee.
AIPAC drew liberal Jewish criticism after its launch last year of political action committees that back an array of candidates, ranging from progressive to far right. It has also declined to comment on the likely inclusion in Netanyahu’s government of far right extremists, including Itamar Ben-Gvir, a disciple of the late racist rabbi Meir Kahane.
“So rather than focusing on defeating the white nationalists and the election deniers, with whom most of Jewish America has nothing in common, they instead are spending tens of millions of dollars to defeat liberal and progressive candidates who may or may not have once in their lives uttered a critical word about Israeli policy,” Ben-Ami said. “Organizations that failed to call out the Ben-Gvirs and the [Bezalel] Smotriches of Israel while endorsing the Jim Jordans, the Andy Biggs, the Scott Perrys here in the U.S. do not speak for us.”
Perry of Pennsylvania, Biggs of Arizona and Jordan of Ohio have all to varying degrees endorsed the election lies by President Donald Trump that spurred the deadly Jan. 6, 2021, insurrection at the U.S. Capitol.
J Street’s conference was focused on democracy in the United States at times to the exclusion of the issue that founded the organization in 2008, Israeli-Palestinian peace. In a 30-minute keynote speech Saturday night, Rep. Jamie Raskin, a Jewish Democratic congressman from Maryland known for his constitutional expertise, barely mentioned Israel.
“I know that you know what it means to be pro-Israel and pro-peace,” Raskin said. “And I want to just discuss for my time with you tonight what it means to be a pro-democracy American in 2022 in a rather frightful world where so many people have turned to propaganda and conspiracy theory and disinformation and fanaticism and authoritarianism.” He was interrupted multiple times by applause.
AIPAC mocked J Street for its absence of conventional pro-Israel content. “Not a word of praise for Israel,” the organization said in a tweet attached to a photo of Ben-Ami speaking at the conference. “Not a single recognition of Israel’s achievements or value. Not a single embrace of the Israeli people.”
Noa, the Israeli singer-songwriter, also appeared on Saturday night, singing songs that had been penned by Palestinian-Israelis. She likened the relationship of the Jewish Diaspora to Israel to that of a mother to a daughter, saying that mothers need to look out for the children, whatever tensions may arise.
“The Jewish people needs to help the maturing child,” she said, reflecting a theme that it repeated itself throughout the conference: that a voice like J Street was especially needed at a time of crisis in its democracy. “The worst thing we could do is walk away,” said Rabbi Jill Jacobs, the director of T’ruah, a rabbinic human rights group.
Blinken did speak about the Israeli-Palestinian conflict, reflecting the pessimistic mood in the room but saying that he believed progress could still be achieved.
“I know that many people are disillusioned,” he said. “Many people are frustrated. We’ve been trying to get to a two-state solution for decades, and yet it seems that we’ve only gotten further away from that goal. But we cannot afford to give up hope. We cannot succumb to cynicism. We cannot give in to apathy. It’s precisely when times are difficult — when peace seems even further from reach — that we’ve simply got to work harder, that we must continue to pursue whatever openings we can to show that progress is still possible.”
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Oil Prices Likely to Move Higher on Venezuelan Turmoil, Ample Supply to Cap Gains
FILE PHOTO: The Guinea-flagged oil tanker MT Bandra, which is under sanctions, is partially seen alongside another vessel at El Palito terminal, near Puerto Cabello, Venezuela December 29, 2025. Photo: REUTERS/Juan Carlos Hernandez/File Photo
Oil prices are likely to move higher when benchmark futures resume trading later on Sunday on concern that supply may be disrupted after the United States snatched Venezuelan President Nicolas Maduro from Caracas at the weekend and President Donald Trump said Washington would take control of the oil-producing nation.
There is plentiful oil supply in global markets, meaning any further disruption to Venezuela’s exports would have little immediate impact on prices, analysts said.
The US strike on Venezuela to extract the country’s president inflicted no damage on the country’s oil production and refining industry, two sources with knowledge of operations at state oil company PDVSA said at the weekend.
Since Trump imposed a blockade of sanctioned oil tankers entering or leaving Venezuelan waters and seized two cargoes last month, exports have fallen and have been completely paralysed since January 1.
That has left millions of barrels stuck on loaded tankers in Venezuelan waters and led to millions more barrels going into Venezuelan oil storage.
The OPEC member’s exports fell to around 500,000 barrels per day in December, around half of what they were in November. Most of the December exports took place before the embargo. Since then, only exports from Chevron of around 100,000 bpd have continued to leave Venezuela. The global oil major has US authorization to produce and export from Venezuela despite sanctions.
The embargo prompted PDVSA to begin cutting oil output, three sources close to the decision said on Sunday, because Venezuela is running out of storage capacity for the oil that it cannot export. PDVSA has asked some of the joint ventures that are operating in the country to cut back production, the sources said. They would need to shut down oilfields or well clusters.
Trump said on Saturday that the oil embargo on Venezuelan exports remained in full effect. If the US government loosens the embargo and allows more Venezuelan crude exports to the US Gulf, there are refiners there that previously processed the country’s oil.
The weekend’s events were unlikely to materially alter global oil markets or the global economy given the US strikes avoided Venezuela’s oil infrastructure, said Neil Shearing, group chief economist at Capital Economics.
“In any case, any short-term disruption to Venezuelan output can easily be offset by increased production elsewhere. And any medium-term recovery in Venezuelan supply would be dwarfed by shifts among the major producers,” he said in a note.
Trump also threatened on Friday to intervene in a crackdown on protests in Iran, another OPEC producer, ratcheting up geopolitical tensions. Trump on Friday said “we are locked and loaded and ready to go,” without specifying what actions he was considering against Tehran, which has seen a week of unrest as protests over soaring inflation spread across the country.
“Prices may see modest upside on heightened geopolitical tensions and disruption risks linked to Venezuela and Iran, but ample global supply should continue to cap those risks for now,” said Ole Hansen, head of commodities research at Saxo Bank.
On Sunday, the Organization of the Petroleum Exporting Countries and their allies agreed to maintain steady oil output in the first quarter, OPEC+ said in a statement. Both Venezuela and Iran are members of OPEC. Several other members of OPEC+ are also embroiled in conflict and political crises.
The producer group has put increases in production on pause for the first quarter after raising output targets by around 2.9 million barrels per day from April to December 2025, equal to almost 3% of world oil demand.
Brent and US crude futures settled lower on Friday, the first day of trading of 2026, as investors weighed oversupply concerns against geopolitical risks. Both contracts closed 2025 with their biggest annual loss since 2020 marked by wars, higher tariffs, increased OPEC+ output and sanctions on Russia, Iran and Venezuela.
VENEZUELA
“The political transition in Venezuela adds another major layer of uncertainty, with elevated risks of civil unrest and near-term supply disruptions,” said Jorge Leon, head of geopolitical analysis at consultancy Rystad Energy and a former OPEC official.
“In an environment this fragile, OPEC+ is choosing caution, preserving flexibility rather than introducing new uncertainty into an already volatile market.”
Trump said on Saturday that the US would control the country until it could make an orderly transition, but an interim government led by vice president and oil minister Delcy Rodriguez remains in control of the country’s institutions, including state energy company PDVSA, with the blessing of Venezuela’s top court.
A top Venezuelan official said on Sunday that the country’s government would stay unified behind Maduro amid deep uncertainty about what is next for the Latin American country.
Trump said that American oil companies were prepared to reenter Venezuela and invest billions of dollars to restore production there.
Venezuela is unlikely to see any meaningful boost to crude output for years even if US oil majors do invest the billions of dollars in the country that Trump has promised, analysts said.
“We continue to caution market observers that it will be a long road back for the country, given its decades-long decline under the Chávez and Maduro regimes, as well as the fact that the US regime change track record is not one of unambiguous success,” Helima Croft, RBC Capital’s head of commodities research, said in a note.
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US Pushes Oil Majors to Invest Big in Venezuela if They Want to Recover Debts
A demonstrator uses a megaphone during a protest against US military action in Venezuela, at Lafayette Square in front of the White House, following US President Donald Trump’s announcement that the US military has struck Venezuela and captured its President Nicolas Maduro and his wife Cilia Flores, in Washington, D.C., U.S., January 3, 2026. Photo: REUTERS/Tyrone Siu
White House and State Department officials have told US oil executives in recent weeks that they would need to return to Venezuela quickly and invest significant capital in the country to revive the damaged oil industry if they wanted compensation for assets expropriated by Venezuela two decades ago, according to two people familiar with the outreach.
In the 2000s, Venezuela expropriated the assets of some international oil companies that declined to give state-run oil company PDVSA increased operational control, as demanded by late Venezuelan President Hugo Chavez.
US oil major Chevron was among companies that negotiated to stay in the country and form joint ventures with state-run PDVSA, while rivals Exxon Mobil and ConocoPhillips left and filed for arbitration.
President Donald Trump said on Saturday that American companies were prepared to return to Venezuela and spend billions to reactivate the struggling oil sector, just hours after President Nicolás Maduro was captured and removed by US forces.
In the recent US administration discussions with oil executives in the scenario that Maduro was out of power, officials have said that US oil companies would need to front the investment money themselves to rebuild Venezuela’s oil industry. That would be one of the preconditions for them eventually recovering debts from the expropriations.
That would be a costly investment for firms such as ConocoPhillips, the sources said. Conoco for years has tried to recover some $12 billion from the Chavez-era nationalization of its Venezuela assets. Exxon Mobil also filed international arbitration cases, trying to recover $1.65 billion.
Trump began making public reference to the Venezuelan expropriations when he ordered a blockade of sanctioned oil tankers last month.
CONDITIONS FOR A RETURN
Whether or not the companies return would depend on how executives, boards and shareholders evaluate the risk of renewed investment in Venezuela, the sources said.
“ConocoPhillips is monitoring developments in Venezuela and their potential implications for global energy supply and stability. It would be premature to speculate on any future business activities or investments,” a company spokesperson said in emailed comments to Reuters on Saturday. The company reiterated the statement on Sunday when asked about discussions with administration officials for this story.
Exxon did not immediately respond to questions from Reuters on Sunday.
Politico first reported on the recent discussions on Saturday.
Even if companies do agree to return to the country, it could be years before there is a meaningful boost to oil output. The South American country has one of the largest estimated reserves in the world, but production has plummeted over past decades amid mismanagement, lack of investment and US sanctions.
Besides uncertainty surrounding the contract framework for any operations there, companies considering a return would also need to deal with security concerns, poor infrastructure, questions about the legality of the US operation to capture Maduro and the possibility of long-term political instability, analysts have told Reuters.
Venezuela, a founding member of OPEC, produced as much as 3.5 million barrels per day in the 1970s, which at the time represented over 7 percent of global oil output. Production fell below 2 million bpd during the 2010s and averaged around 1.1 million bpd last year, or just 1 percent of global production.
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Latvia Police Board Vessel After Baltic Sea Telecom Cable Breach
Latvia’s Prime Minister Evika Silina attends a press conference on the day of the Eastern Flank Summit in Helsinki, Finland December 16, 2025. Lehtikuva/Heikki Saukkomaa/via REUTERS/File Photo
An undersea telecoms cable was damaged in the Baltic Sea on Friday and Latvian investigators on Sunday boarded a ship in connection with the incident, the country’s state police said in a statement.
The Baltic Sea region is on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022, and the NATO military alliance has boosted its presence with frigates, aircraft and naval drones.
Lithuania’s National Crisis Management Centre said the cable runs from Sventoji in Lithuania to Liepaja in Latvia, two coastal towns some 65 km (40 miles) apart, and that it was not immediately clear what caused the incident.
“At this time, neither the vessel nor its crew is detained, they are cooperating with the police, and active work continues to clarify the circumstances,” Latvian police said on X.
Latvia’s Prime Minister Evika Silina said the damage had occurred near Liepaja.
“The incident has not affected Latvian communications users,” she wrote on X.
The latest incident is made public five days after Finnish police seized a cargo vessel en route from Russia to Israel on suspicion of sabotaging an undersea telecoms cable running from Helsinki across the Gulf of Finland to Estonia.