Palm Beach, Florida — President Donald Trump said Saturday that the United States will effectively “run” Venezuela and take control of its oil production following the arrest of Venezuelan President Nicolás Maduro, marking a dramatic escalation in U.S. involvement in the country’s political and economic affairs.
Speaking at a news conference from his Mar-a-Lago resort, Trump said U.S. oversight would remain in place until what he described as a “safe, proper, and judicious transition” could be implemented. He framed the move as a safeguard against replacing one failed government with another, arguing that Venezuela’s leadership vacuum requires temporary external management.
Trump also said the United States would oversee Venezuela’s oil sector, calling the country’s energy industry “a total bust” after years of mismanagement. He said major U.S. oil companies would invest billions to repair infrastructure and restart production, asserting that the effort would ultimately benefit Venezuela’s economy.
The comments came hours after U.S. forces arrested Maduro and his wife on narco-terrorism charges following overnight strikes in Venezuela. The operation occurred shortly after Maduro publicly signaled interest in negotiating with Washington over drug trafficking and oil production. According to multiple reports, congressional leaders were notified only after the operation concluded.
The administration has long accused Maduro of leading a “narco-state,” rigging elections, and undermining democratic institutions. Trump’s remarks, however, raise new legal and constitutional questions, particularly around congressional authorization and the extent of U.S. authority to govern a foreign country and control its natural resources.
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