Philenews

Trump: US Could Oversee Venezuela for Years – 'Time Will Tell'

Published January 8, 2026, 18:10
Trump: US Could Oversee Venezuela for Years – 'Time Will Tell'

Donald Trump stated that the United States could oversee Venezuela and control revenue from its oil for a long period, potentially more than a year. He emphasized that the US would use the oil to lower prices and financially assist Venezuela. Trump mentioned that Washington has already begun to reap revenue from Venezuelan oil that was under sanctions, estimating that the country will deliver between 30 and 50 million barrels of crude to the US. He avoided directly answering questions about recognizing Delcy Rodriguez as the new leader of Venezuela, but stated that Secretary of State Marco Rubio is in communication with the country's government.