The US Coast Guard has seized a fifth tanker accused of smuggling illicit Venezuelan oil as President Donald Trump moves to bring Venezuela's oil industry under American control. Trump met with executives from major oil companies at the White House to negotiate deals for access to Venezuelan crude, demanding at least $100 billion in private investment. Following the capture of President Maduro by US forces, White House officials have begun diplomatic discussions in Caracas, with nine political prisoners released and a planned second wave of military action cancelled.