A demonstrator displays a sign with an image of U.S.-deposed Venezuelan President Nicolas Maduro during a march outside the National Assembly on the day Vice President Delcy Rodriguez was formally sworn in as Venezuela's interim president, as Maduro appeared in a New York court after the Trump administration removed him from power, in Caracas, Venezuela January 5, 2026. REUTERS/Maxwell Briceno
World
C
CNBC TV1808-01-2026, 18:36

Trump: US to Oversee Venezuela for Years, Control Oil Revenue

  • President Trump stated the US could oversee Venezuela and control its oil revenue for "much longer" than a year.
  • Trump plans to rebuild Venezuela "profitably" by taking oil, lowering prices, and providing funds to the nation.
  • The US is reportedly "getting along very well" with interim president Delcy Rodriguez, a Maduro loyalist.
  • Trump appeared to lift a military threat against Colombia after a "cordial" call with President Gustavo Petro.
  • US officials aim to control Venezuela's oil sales indefinitely; Trump will meet major oil companies to discuss production.

Why It Matters: Trump asserts long-term US oversight of Venezuela's oil and economy, while easing tensions with Colombia.

More like this

Loading more articles...