Trump on Tuesday unveiled a plan to refine and sell up to 50 million barrels of Venezuelan oil that had been stuck in Venezuela under U.S. blockade.
World
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Moneycontrol09-01-2026, 05:42

Trump Signals Extended US Control Over Venezuela, Defies International Law

  • President Trump stated the U.S. will maintain oversight of Venezuela "much longer than a year."
  • Trump claimed his "own morality" and "mind" are the only limits to his global power, dismissing international law.
  • He ordered the U.S. military to seize Nicolas Maduro for trial in New York, a move the U.N. human rights office called a violation of international law.
  • Trump plans to rebuild Venezuela "in a very profitable way," using its oil to lower prices and provide funds.
  • He announced a plan to refine and sell 50 million barrels of Venezuelan oil, claiming good relations with interim President Delcy Rodriguez's government.

Why It Matters: Trump asserts prolonged US control over Venezuela, prioritizing his judgment over international law and oil.

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