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Trump Says U.S. Will Run Venezuela for Years, Asserts Control Over Oil Sales

PDVSA confirms talks with Washington as regional denunciations of the intervention intensify.

Overview

  • In a New York Times interview, President Trump said U.S. supervision would last “much more” than a year and that Venezuelan oil will be used to finance a profitable reconstruction and lower prices.
  • U.S. officials said Washington will control Venezuelan crude sales indefinitely, launching with 30–50 million barrels and directing proceeds into U.S.-controlled accounts for purchases of U.S.-made goods.
  • Energy Secretary Chris Wright affirmed indefinite control over commercialization, and Secretary of State Marco Rubio outlined a three‑phase plan focused on stabilization, recovery and transition.
  • PDVSA said it is negotiating oil sales under commercial and legal terms with U.S. authorities, while interim leader Delcy Rodríguez publicly rejects claims of foreign control.
  • Regional pushback intensified as Colombia’s President Gustavo Petro backed protests “for sovereignty and democracy,” and China accused the U.S. of violating international law; Trump said he may visit Venezuela if security permits.