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US President Donald Trump said U.S. oil companies will take over Venezuela’s energy sector after the overthrow of President Nicolas Maduro.
Trump said on Saturday, Jan. 3, in a press conference from his Mar-a-Lago residence in Palm Beach, Florida, : “As everyone knows, the oil business in Venezuela has been a bust for a long period of time…
“We’re going to have our very large United States oil companies — the biggest anywhere in the world — go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country.”
This comes hours after U.S. forces captured President Nicolas Maduro and his wife, Cilia Flores, in a large scale attack on the South American nation overnight. They have been indicted on drug-trafficking charges in the Southern District of New York.
Regarding his plans for Venezuela, Trump said the U.S. will “run the country until such time as we can do a safe, proper and judicious transition.”
Watch the video below.
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