Trump says US will dictate Venezuela’s interim leaders and control oil sales indefinitely

Trump says US will dictate Venezuela’s interim leaders and control oil sales indefinitely



Venezuela has resisted Washington’s long-standing claim to moral and strategic primacy over Latin America. It has refused to open its vast natural resources to Western extraction on Western terms. This combination of pictures shows US President Donald Trump and Venezuelan President Nicolas Maduro. — AFP pic

Thursday, 08 Jan 2026 9:06 AM MYT


WASHINGTON, Jan 8 — US President Donald Trump’s administration said yesterday it will dictate decisions to Venezuela’s interim leaders and control the country’s oil sales “indefinitely” after toppling Nicolas Maduro.

Trump’s assertion of US dominance over the oil-rich South American country comes despite its interim leader Delcy Rodriguez saying there is no foreign power governing Caracas.

US special forces snatched president Maduro and his wife on Saturday in a lightning raid and whisked them to New York to face trial on drug charges, underscoring what Trump has called the “Donroe Doctine” of US dominance over its backyard.

“We obviously have maximum leverage over the interim authorities in Venezuela right now” following the US operation that captured Maduro on Saturday, White House Press Secretary Karoline Leavitt told a briefing.


“We’re continuing to be in close coordination with the interim authorities, and their decisions are going to continue to be dictated by the United States of America.”


Trump has said that the United States will “run” Venezuela, which has the world’s largest proven oil reserves.

But Washington has no boots on the ground, and appears to be relying on a naval blockade and the threat of further force to ensure the cooperation of interim president.


Trump’s administration—which has so far indicated it intends to stick with Rodriguez and sideline opposition figures, including Nobel Peace Prize winner Maria Corina Machado—has given few details about its plans.

Secretary of State Marco Rubio insisted on Wednesday, after meeting lawmakers on Capitol Hill who have been critical about the post-Maduro planning, that the United States was “not just winging it.”

But so far, the US plan relies heavily on what Trump said on Tuesday was an agreement for Venezuela to hand over between 30 and 50 million barrels of oil to the United States for it to then sell.

US to ‘indefinitely’ control oil sales

Trump said Wednesday that under the deal Venezuela “is going to be purchasing ONLY American Made Products, with the money they receive” from the oil profits they receive.

That would include agricultural products, machinery, medical devices and energy equipment, he added.

Rubio said that in a second “recovery” phase, US and Western companies would have access to the Venezuelan market and “at the same time, begin to create the process of reconciliation nationally within Venezuela.”

Venezuela’s state oil firm said on Wednesday that it was discussing oil sales with the United States for the “sale of volumes of oil” under existing commercial frameworks.

But Washington is looking at longer term control, according to US Energy Secretary Chris Wright.

“We’re going to market the crude coming out of Venezuela, first this backed-up stored oil, and then indefinitely, going forward, we will sell the production that comes out of Venezuela,” Wright said Wednesday.

Trump will on Friday meet executives from US oil companies, whom he has said will invest in Venezuela’s crumbling facilities, despite no firm having yet made such pledges amid the turmoil in the country.

“It’s just a meeting to discuss, obviously, the immense opportunity that is before these oil companies right now,” Leavitt told reporters.

Washington moved further to stamp its authority on Venezuela when it seized two oil tankers on Wednesday, including a Russian-linked vessel that it pursued from Venezuela to the North Atlantic.

Moscow condemned the operation but Leavitt insisted the oil tanker had been “deemed stateless after flying a false flag.” — AFP