Sunday, January 4, 2026 - US President Donald Trump said U.S.
oil companies will take over Venezuela's energy sector after the overthrow of
President Nicolas Maduro.
Trump said on Saturday, Jan. 3, in a press conference
from his Mar-a-Lago residence in Palm Beach, Florida, : "As everyone
knows, the oil business in Venezuela has been a bust for a long period of
time...
"We're going to have our very large United States oil
companies — the biggest anywhere in the world — go in, spend billions of
dollars, fix the badly broken infrastructure, the oil infrastructure, and start
making money for the country."
This comes hours after U.S. forces captured President
Nicolas Maduro and his wife, Cilia Flores, in a large-scale attack on
the South American nation overnight. They have been indicted on
drug-trafficking charges in the Southern District of New York.
Regarding his plans for Venezuela, Trump said
the U.S. will "run the country until such time as we can do a
safe, proper and judicious transition."
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