President Donald Trump said the United States could oversee Venezuela and control its oil revenue for years. Speaking in a wide-ranging interview with the New York Times, Trump said, “Only time will tell” how long U.S. oversight would last and added it could be “much longer.” He also vowed to rebuild Venezuela’s oil sector in […]
Venezuela oil
US weighs future of Venezuela’s oil sector after Maduro arrest
The Trump administration is planning meetings with executives from major US oil companies this week to discuss the future of Venezuela’s oil sector, according to a source familiar with the matter. The discussions follow the US military operation that led to the arrest of Venezuelan leader Nicolas Maduro. The planned meetings are seen as central […]
China vows to protect interests in Venezuela
China has stated that its cooperation with Venezuela will continue despite recent changes, and Chinese interests in the country will be protected under law. The spokesperson of China’s Foreign Ministry emphasized that Washington’s use of force threatens peace in Latin America. The Chinese official urged all parties to restore stability and reaffirmed opposition to the […]
China criticises US seizure of ships over Venezuela oil
China on Monday strongly criticised the United States (US) for seizing Venezuela oil, calling the move a serious violation of international law. The reaction followed the interception of a China-bound oil tanker off the coast of Venezuela by US authorities. Read More: China defends Venezuela, condemns US economic measures Speaking at a regular press briefing in Beijing, Chinese foreign […]