US to Control Venezuela’s Oil Sales Indefinitely After Maduro Overthrow

The US administration has taken significant steps to assert control over Venezuela following the recent overthrow of President Nicolas Maduro. On Wednesday, officials declared their...

US to Control Venezuela's Oil Sales Indefinitely After Maduro Overthrow

The US administration has taken significant steps to assert control over Venezuela following the recent overthrow of President Nicolas Maduro. On Wednesday, officials declared their intent to dictate decisions to Venezuela’s interim government while securing control over the nation’s oil sales “indefinitely.” President Trump emphasized that the US could effectively govern Venezuela for an extended period, underscoring the nation’s desire to tap into its vast oil reserves.

In stark contrast, interim leader Delcy Rodriguez asserted that no foreign power governs Caracas, highlighting the tension between the US and Venezuelan authorities. Rodriguez lamented the unprecedented deterioration of diplomatic relations, attributing it to the US’s aggressive actions aimed at toppling Maduro.

A recent raid by US special forces resulted in the capture of Maduro and his wife, who were subsequently brought to New York to face serious drug and weapons charges. This operation illustrates the implementation of what Trump has termed the “Donroe Doctrine,” emphasizing a pronounced US dominance in the region.

White House Press Secretary Karoline Leavitt confirmed that the US holds significant leverage over the interim authorities in Venezuela and stated that future decisions made by these leaders would be closely coordinated with the US. Trump declared that the US plans to “run” Venezuela, asserting that the nation’s oil, which has historically been under US control, will now be used to benefit American interests.

When probed about the duration of US oversight, Trump indicated that it would extend beyond initial estimates of months. His administration, however, notes that it has no military presence in Venezuela and appears to be relying on a naval blockade and the ongoing threat of force to ensure compliance from the interim leadership.

In the wake of the military action, Caracas reported that the US attack resulted in at least 100 deaths, including injuries sustained by Maduro and his wife. The toll reportedly includes several members of the Cuban military who had been serving as Maduro’s bodyguards.

The US has shown intent to prioritize its collaboration with interim leaders, sidelining prominent opposition figures. Secretary of State Marco Rubio assured lawmakers that the US was not improvising its approach but has instead laid out a structured plan. Still, details on the strategy remain sparse.

As part of negotiations, it has been suggested that Venezuela could send 30 to 50 million barrels of oil to the US. Trump mentioned that profits from this oil would enable Venezuela to purchase only American-made products encompassing various sectors. Rubio also outlined plans for American and Western companies to access the Venezuelan market in a subsequent phase, aiming to foster national reconciliation.

Venezuela’s state oil company has already initiated discussions on oil sales with the US, though the American strategy appears focused on long-term control of Venezuelan crude. Energy Secretary Chris Wright was quoted saying that the US would market the oil extracted from Venezuela indefinitely.

In upcoming developments, Trump is set to meet with executives from US oil companies to discuss potential investments in Venezuela’s deteriorating oil infrastructure, despite no firm commitments having been reported. The administration views these discussions as a significant opportunity for oil companies in light of the current situation.

Additionally, US efforts to consolidate its influence have included the seizure of two oil tankers in international waters, a move that sparked condemnation from Moscow. Leavitt characterized one of the vessels involved as “stateless” after it allegedly flew a false flag.

This unfolding situation in Venezuela highlights the complexities of international relations and the strategic interests at play as the US seeks to wield power over one of the world’s richest oil-producing nations.

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