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Trump’s Venezuela Power Play: US to Control Oil ‘Indefinitely’ – Allies and Foes React! President Trump declared the US will oversee Venezuela’s decisions and oil sales for an indefinite period, aiming to revive the industry “profitably” after ousting Maduro. Critics decry it as “modern-day colonialism,” while supporters hail it as energy security. UK PM discussed joint ops with Trump, but Russia blasts tanker seizures as “piracy.” Senate advances resolution to curb further military actions. Oil grab or democracy boost? Sound off
Trump’s Venezuela Power Play: US to Control Oil ‘Indefinitely’ – Allies and Foes React!
President Trump declared the US will oversee Venezuela’s decisions and oil sales for an indefinite period, aiming to revive the industry “profitably” after ousting Maduro.
Critics decry it as “modern-day colonialism,” while supporters hail it as energy security.
UK PM discussed joint ops with Trump, but Russia blasts tanker seizures as “piracy.” Senate advances resolution to curb further military actions.
Oil grab or democracy boost? Sound off!
In a dramatic escalation of U.S.–Venezuela tensions, President Donald Trump announced this week that the United States will oversee Venezuela’s oil sales and related decisions “indefinitely,” a plan that would give Washington sweeping authority over one of the world’s largest crude reserves following the ousting of President Nicolás Maduro.
According to Energy Secretary Chris Wright, the U.S. will not only market 30–50 million barrels of Venezuelan oil already held in storage but will continue to sell future production under U.S. control indefinitely. The proceeds are set to be held in U.S.-controlled accounts and, the administration says, allocated in ways that “benefit both the Venezuelan people and the American people.”
This unprecedented move follows a U.S. military operation that successfully captured Maduro — a deeply controversial action that has reshaped the geopolitical landscape of Latin America.
What Trump and His Allies Say
The administration frames the strategy as a path to energy security and economic revival for Venezuela. Trump and senior advisers believe U.S. control over oil sales will help revive Venezuela’s struggling industry profitably and stabilize global energy markets.
A meeting with executives from major oil companies — including Chevron, ExxonMobil, and Shell — is underway to hammer out investment plans. Washington hopes to unlock $100 billion in reconstruction and revitalization spending.
Supporters, particularly in the GOP, argue that leveraging Venezuelan oil will boost U.S. energy resilience and possibly lower consumer prices.
Global and Republican Pushback
But the plan has ignited fierce pushback:
Critics call the move “modern-day colonialism.”
Opposition figures around the world — and within the U.S. Senate — argue that overseeing another nation’s sovereign resources without its full consent is a blatant overreach. One resolution advancing in the Senate seeks to limit Trump’s authority to take further military action in Venezuela, highlighting unease even among Republicans about executive overreach.
Russia denounces tanker seizures as “piracy.”
As part of the campaign to choke off Maduro’s external support, U.S. forces have seized multiple oil tankers linked to Venezuela’s oil exports. Moscow has blasted these seizures as unlawful, escalating tensions between the superpowers.
Venezuelan sovereignty under fire.
Even Venezuela’s interim authorities have expressed conflicting positions — while some local officials have begun negotiations with U.S. representatives, many Venezuelans view the intervention as an affront to national sovereignty and a violation of international norms
