Trump: Machado Lacks Venezuela Support; US to Oversee Transition, Oil Interests

World
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News18•03-01-2026, 23:49
Trump: Machado Lacks Venezuela Support; US to Oversee Transition, Oil Interests
- •Donald Trump dismissed Nobel Laureate María Corina Machado as unfit to lead Venezuela, citing her lack of "support or respect" within the country.
- •Trump announced the US would work with Maduro's deputy, Delcy Rodriguez, and US officials would temporarily run Venezuela until a "proper transition."
- •The US plans to deploy its large oil companies to Venezuela to fix infrastructure, invest billions, and sell significant amounts of oil.
- •Trump hinted at the possible deployment of US troops, stating, "We’re not afraid of boots on the ground."
- •The operation in Caracas led to the capture of Maduro and his wife, who are now in US custody, facing narcotics and terrorism charges in New York.
Why It Matters: Trump rejects Machado for Venezuela leadership, outlines US interim rule, oil plans, and confirms Maduro's capture.
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