US President Justifies US Control Over Venezuela
Edited By WION Video Desk
Published: May 01, 2026, 21:00 IST | Updated: May 01, 2026, 21:00 IST
US President Donald Trump has defended Washington’s growing involvement in Venezuela’s oil sector, describing US-Venezuela relations as a “joint venture” after new oil and gas agreements were signed with American firms. Trump’s controversial “to the victor belong the spoils” remark has triggered debate over US influence in Caracas following the political upheaval earlier this year. Analysts say Venezuela’s massive oil reserves are becoming central to Washington’s energy strategy amid global supply disruptions.
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