US to Oversee Venezuela & Control Oil Resources – Trump

by John Smith - World Editor
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Washington is asserting increased control over Venezuela, with President Trump announcing the U.S. will maintain oversight of the country “for the foreseeable future” and directly manage its oil revenue. The move follows reports of the weekendS custody of President Nicolás Maduro and his wife in New York City on narcoterrorism charges. This escalation in U.S. policy comes amid a deepening political and economic crisis in Venezuela, with potential ramifications for regional stability and global energy markets.

The United States intends to maintain oversight of Venezuela for an extended period and will leverage the country’s oil resources, President Donald Trump said in an interview with the New York Times.

Trump indicated the duration of direct U.S. involvement in the South American nation remains uncertain. “Only time will tell,” how long the U.S. will demand such oversight, he stated.

When asked if that timeframe meant three months, six months, or a year, Trump told the newspaper: “I would say, much longer.”

The announcement comes as Venezuela faces a complex political and economic crisis, with implications for regional stability and global energy markets.

However, Venezuela’s interim president, Delcy Rodriguez, has asserted that Caracas is not under foreign control.

On Saturday, U.S. forces reportedly took custody of Venezuelan President Nicolas Maduro and his wife, transporting them to New York City to face charges related to alleged involvement in narcoterrorism.

The Trump administration has since announced it will dictate decisions to Venezuelan leaders and control the sale of the country’s oil “for the foreseeable future.”

This move signals a significant escalation in U.S. policy toward Venezuela and raises questions about the future of the nation’s sovereignty. The development underscores growing regional tensions and could influence future diplomatic talks.

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