The United States could oversee Venezuela and control its oil revenue for years, President Donald Trump said in an interview published on Thursday. ADVERTISEMENT"Only time will tell" how long the United States will oversee Venezuela, Trump said. Meeting planned with oil companiesTrump has said the United States intends to "run" Venezuela. Several senior US officials said on Wednesday that the United States needs to control Venezuela's oil sales and revenues indefinitely in order to restore the country's oil industry and rebuild its economy. Trump is scheduled to meet with the heads of major oil companies at the White House on Friday to discuss ways of raising Venezuela's oil production.

Source: The Telegraph January 08, 2026 11:14 UTC