The Fort Worth Press - Trump says US could run Venezuela and its oil for years

USD -
AED 3.672497
AFN 66.000158
ALL 82.905557
AMD 382.429695
ANG 1.790403
AOA 917.000074
ARS 1463.481204
AUD 1.49675
AWG 1.80125
AZN 1.732815
BAM 1.678914
BBD 2.019005
BDT 122.497682
BGN 1.666695
BHD 0.376945
BIF 2966.453784
BMD 1
BND 1.287158
BOB 6.950178
BRL 5.387699
BSD 1.002455
BTN 90.076572
BWP 13.423867
BYN 2.959062
BYR 19600
BZD 2.016087
CAD 1.38715
CDF 2265.000242
CHF 0.799701
CLF 0.022867
CLP 897.170158
CNY 6.98375
CNH 6.979845
COP 3708.59
CRC 498.308926
CUC 1
CUP 26.5
CVE 94.654569
CZK 20.871605
DJF 178.507048
DKK 6.416699
DOP 63.634179
DZD 130.003864
EGP 47.236899
ERN 15
ETB 156.137398
EUR 0.85872
FJD 2.27745
FKP 0.744341
GBP 0.745555
GEL 2.685007
GGP 0.744341
GHS 10.746661
GIP 0.744341
GMD 73.502977
GNF 8774.474879
GTQ 7.683789
GYD 209.722556
HKD 7.79575
HNL 26.425395
HRK 6.469798
HTG 131.273767
HUF 331.173502
IDR 16844
ILS 3.162645
IMP 0.744341
INR 90.1264
IQD 1313.211953
IRR 42125.000158
ISK 126.579794
JEP 0.744341
JMD 158.694868
JOD 0.709022
JPY 157.566497
KES 129.000246
KGS 87.443498
KHR 4025.854743
KMF 422.4977
KPW 900.023113
KRW 1457.597863
KWD 0.307569
KYD 0.835415
KZT 510.940572
LAK 21667.396324
LBP 89767.711365
LKR 309.743933
LRD 179.437215
LSL 16.540651
LTL 2.95274
LVL 0.60489
LYD 5.43719
MAD 9.234176
MDL 16.74092
MGA 4546.156884
MKD 52.845336
MMK 2100.01196
MNT 3559.906065
MOP 8.046235
MRU 39.786082
MUR 46.709815
MVR 15.449781
MWK 1738.201109
MXN 18.023405
MYR 4.073504
MZN 63.896617
NAD 16.540651
NGN 1426.401987
NIO 36.885228
NOK 10.098175
NPR 144.119869
NZD 1.74561
OMR 0.384485
PAB 1.002274
PEN 3.370618
PGK 4.27656
PHP 59.314501
PKR 283.33485
PLN 3.61725
PYG 6768.58894
QAR 3.664629
RON 4.369099
RSD 100.74402
RUB 79.074007
RWF 1461.019452
SAR 3.750193
SBD 8.126887
SCR 14.892886
SDG 601.497941
SEK 9.220525
SGD 1.286555
SHP 0.750259
SLE 24.094384
SLL 20969.503664
SOS 571.874946
SRD 38.290499
STD 20697.981008
STN 21.030855
SVC 8.771342
SYP 11059.574895
SZL 16.534757
THB 31.395057
TJS 9.317721
TMT 3.51
TND 2.930588
TOP 2.40776
TRY 43.13906
TTD 6.806418
TWD 31.567797
TZS 2502.5029
UAH 43.187975
UGX 3605.397796
UYU 39.041308
UZS 12062.475589
VES 311.541545
VND 26270
VUV 120.874669
WST 2.775444
XAF 563.082219
XAG 0.012769
XAU 0.000223
XCD 2.70255
XCG 1.806632
XDR 0.700294
XOF 563.082219
XPF 102.374811
YER 238.449983
ZAR 16.547125
ZMK 9001.187009
ZMW 19.873297
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RIO

    -0.6900

    84.19

    -0.82%

  • CMSC

    0.0100

    23.01

    +0.04%

  • BCE

    0.4200

    23.75

    +1.77%

  • RBGPF

    0.0000

    81.57

    0%

  • BTI

    0.5000

    53.79

    +0.93%

  • NGG

    0.0900

    79.48

    +0.11%

  • BCC

    4.5600

    78.03

    +5.84%

  • CMSD

    -0.1000

    23.5

    -0.43%

  • JRI

    0.1000

    13.74

    +0.73%

  • RYCEF

    0.1100

    17.12

    +0.64%

  • GSK

    -0.4000

    50.22

    -0.8%

  • BP

    0.4600

    34.13

    +1.35%

  • RELX

    0.1700

    42.35

    +0.4%

  • VOD

    -0.1550

    13.82

    -1.12%

  • AZN

    -1.1500

    94.01

    -1.22%

Trump says US could run Venezuela and its oil for years
Trump says US could run Venezuela and its oil for years / Photo: © AFP/File

Trump says US could run Venezuela and its oil for years

The United States could run Venezuela and tap into its oil reserves for years, President Donald Trump said in an interview published Thursday, less than a week after toppling its leader Nicolas Maduro.

Text size:

"Only time will tell" how long Washington would demand direct oversight of the South American country, Trump told The New York Times.

But when asked whether that meant three months, six months or a year, he replied: "I would say much longer."

The 79-year-old US leader also said he wanted to travel to Venezuela eventually. "I think at some point it'll be safe," he said.

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

Since then Trump has repeatedly asserted that the United States will "run" Venezuela, despite the fact that it has no boots on the ground.

Venezuela's interim leader Delcy Rodriguez insisted that no foreign power was governing her country. "There is a stain on our relations such as had never occurred in our history," Rodriguez said of the US attack.

But she added it was "not unusual or irregular" to trade with the United States now, following an announcement by state oil firm PDVSA that it was in negotiations to sell crude to the United States.

- 'Tangled mess' -

Oil has in fact emerged as the key to US control over Venezuela, which has the world's largest proven reserves.

Trump announced a plan earlier this week for the United States to sell between 30 million and 50 million barrels of Venezuelan crude, with Caracas then using the money to buy US-made products.

On the streets of Caracas, opinions remain mixed about the oil plan.

"I feel we'll have more opportunities if the oil is in the hands of the United States than in the hands of the government," said Jose Antonio Blanco, 26. "The decisions they'll make are better."

Teresa Gonzalez, 52, said she didn't know if the oil sales plan was good or bad.

"It's a tangled mess. What we do is try to survive, if we don't work, we don't eat," she added.

Trump, who will meet oil executives on Friday, is also considering a plan for the US to exert some control over Venezuela's PDVSA, the Wall Street Journal reported.

The US would then have a hand in controlling most of the oil reserves in the Western Hemisphere, as Trump aims to drive oil prices down to $50 a barrel, the paper reported.

Vice President JD Vance underscored that "the way that we control Venezuela is we control the purse strings."

"We tell the regime, 'you're allowed to sell the oil so long as you serve America's national interest,'" he told Fox News host Jesse Watters in an interview broadcast late Wednesday.

- 'Go like Maduro' -

Vance, an Iraq veteran who is himself a skeptic of US military adventures, also addressed concerns from Trump's "Make America Great Again," saying the plan would exert pressure "without wasting a single American life."

The US Senate is voting Thursday on a "war powers" resolution to require congressional authorization for military force against Venezuela, a test of Republican support for Trump's actions.

Caracas announced on Wednesday that at least 100 people had been killed in the US attack and a similar number wounded. Havana says 32 Cuban soldiers were among them.

Trump's administration has so far indicated it intends to stick with Rodriguez and sideline opposition figures, including Nobel Peace Prize winner Maria Corina Machado.

But Rodriguez's leadership faces internal pressures, analysts have told AFP, notably from her powerful Interior Minister Diosdado Cabello and Defense Minister Vladimir Padrino Lopez.

"Her power comes from Washington, not from the internal structure. If Trump decides she's no longer useful, she'll go like Maduro," Venezuela's former information minister Andres Izarra told AFP in an email.

 

A day after Colombia's leftist President Gustavo Petro spoke with Trump on Wednedsday, Bogota said Thursday it had agreed to take "joint action" against cocaine-smuggling guerrillas on the border with Venezuela.

burs-dk/iv

D.Ford--TFWP