President Donald Trump declared that the United States will manage Venezuela’s operations. He made this statement after US forces captured Nicolás Maduro. Trump stressed the need for a smooth transition.
Additionally Trump highlighted Venezuela’s vast oil reserves. The country holds the world’s largest proven reserves at 303 billion barrels. US companies will rebuild the infrastructure.
The Capture of Maduro
The US military conducted a large-scale operation in Caracas. They detained Maduro and his wife during overnight strikes. Officials transported Maduro to New York for custody.
Moreover the mission targeted the Tren de Aragua gang. This group links to drug trafficking and terrorism. Trump called the capture a victory for security.
Oil Industry Plans
Trump plans to sell large amounts of Venezuelan oil abroad. He assured continued supply to China despite the change. This move aims to revive production from 800,000 barrels per day.
However experts warn recovery will take years. Past seizures and instability deter companies. Chevron remains the main US operator there now.
Global Reactions
Venezuelans show mixed responses to the news. Supporters in exile celebrate Maduro’s fall. Loyalists protest in Caracas streets. Meanwhile international leaders express concern. Some view it as resource grabs. Others see potential for regional stability.
Future Outlook
Trump vows to hold fair elections soon. He links the operation to reducing migration and drugs. In addition, analysts predict lower gas prices worldwide.
Yet challenges remain in diplomacy. Russia and China hold stakes in Venezuela’s oil. The world watches as events unfold. This shift could reshape energy politics. It highlights US focus on resources amid tensions.
