Trump says US may oversee Venezuelan oil for years

Independent.co reports President Donald Trump said the United States may oversee Venezuelan oil operations for an extended period, acknowledging it could take years to revive the country’s oil sector. In an interview with The New York Times, Trump said “I would say much longer” when asked how long U.S.

oversight might last and added “We will rebuild it in a very profitable way,” saying “we’re going to be taking oil” and that the U.S. was “getting oil prices down” while “giving money to Venezuela.” Administration officials announced the U.S. plans to indefinitely control Venezuelan oil sales to stabilise the economy and maintain reserves so proceeds are used “for the benefit of the American people and the Venezuelan people.” The report also says U.S.

forces captured Nicolás Maduro and his wife Cilia Flores, who were extradited to New York and pleaded not guilty to four narco-terrorism charges; Trump declined to back opposition leader María Corina Machado, saying his administration was “getting along very well” with interim leader Delcy Rodríguez and adding “Marco speaks to her all the time.” On Tuesday, Trump outlined a plan to refine and sell up to 50 million barrels of crude stuck under a U.S.

Key Topics

Politics, Donald Trump, Venezuela, Venezuelan Oil, Nicolás Maduro, Delcy Rodríguez