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US will be ‘strongly involved’ in Venezuela oil industry, Trump says after Maduro’s capture

US will be ‘strongly involved’ in Venezuela oil industry, Trump says after Maduro’s capture

Photograph: (AFP)

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Donald Trump clarified that the United States will be deeply involved in the regime change and can not take a chance with somebody else taking over. 

Donald Trump on Saturday (Jan 03) said that the United States will be deeply involved in Venezuela's oil industry after deposing and capturing the president Nicolás Maduro through "large-scale" US military strikes in Caracas and several other parts of the country. Trump clarified that Washington will be "very involved" in regime change, saying "we can't take a chance of somebody else taking over, we will make the decision now, he said during an interview with ‘Fox & Friends Weekend.’

The US president revealed that he watched the operation from his Mar-a-Lago estate in Florida, adding that "It's just it was an amazing thing, the amazing job that these people did. There's nobody else could have done anything like it," as quoted by Fox News.

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When asked about the future of Maduro loyalists in Venezuela, Trump said, “If they stay loyal, the future is really bad, really bad for them... They have American flags being waved on the streets, so I think he's got very little support. He was a dictator that the people hated."

Maduro, his wife were flown by helicopter to USS Iwo Jima

President Donald Trump told Fox & Friends Weekend that Venezuelan President Nicolás Maduro and his wife were taken by helicopter to the USS Iwo Jima following their capture in Caracas on Saturday morning.

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During the interview, host Griff Jenkins asked Trump where the couple was at that moment. Trump replied, “Well, they'll be heading to New York.” When Jenkins clarified if they were taken to a ship first, Trump confirmed: “Yes, the Iwo Jima. They’ll be heading into New York. The helicopters took them out, and they went by helicopter on a nice flight.”

Venezuela, home to the world’s largest proven oil reserves, has long been at odds with the United States. Washington has justified its pressure campaign through the language of the “war on drugs,” allegations of dictatorship, and accusations of communist rule, even as control over Venezuela’s vast oil resources has remained a central underlying issue.

US President Donald Trump, however, has often laid bare that strategic motivation through his unguarded remarks. In 2024, just months ahead of the presidential election, Trump openly boasted about what critics described as a neo-colonial approach toward Venezuela.

“When I left, Venezuela was ready to collapse. We would have taken it over, and we would’ve gotten all that oil. It would have been right next door,” Trump said at the time.

The remarks reinforced long-standing claims that Washington’s sustained hostility toward Caracas was driven less by governance concerns and more by strategic and economic interests tied to energy dominance.

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Ajaypal Choudhary

Driven by a deep interest in international politics and geo-economics, Ajaypal Choudhary writes on and analyses a wide range of subjects from geopolitics and the global economy to ...Read More