Feb 14 • 07:01 UTC 🇧🇷 Brazil G1 (PT)

How the US is selling Venezuelan oil and sending money to Delcy Rodríguez's government

The US Secretary of Energy, Chris Wright, visited Venezuela, marking a significant US engagement with the Venezuelan oil industry amidst mixed emotions in the country following Trump's announcement of US control over Venezuela's oil.

On January 3rd, 2023, the President of the United States, Donald Trump, made a historic announcement that the US would take control of the Venezuelan oil industry, a move that caught many Venezuelans by surprise and unleashed a wave of mixed emotions ranging from confusion to optimism. The announcement coincided with a military operation that led to the arrest of Nicolás Maduro, the sitting Venezuelan president, which has significant implications for both regional stability and the economic future of Venezuela.

Despite the announcement being framed as a solution to the longstanding issues plaguing the Venezuelan oil sector, concerns arose among the Venezuelan populace regarding the potential implications for sovereignty and the actual benefits for everyday citizens. Trump's assurances of revitalizing the oil infrastructure and investing billions in the sector were met with skepticism, as the troubled history of foreign interventions in Venezuela loomed large in public opinion. Many Venezuelans questioned whether this would indeed result in tangible benefits or simply serve US interests at their expense.

The visit of US Energy Secretary Chris Wright, the highest-ranking American official to visit Venezuela in over twenty years, was emblematic of a potential shift in bilateral relations and raised questions about the future trajectory of US-Venezuela relations moving forward. As both nations navigate this complex landscape, the delicate balance between economic aid and geopolitical strategy will be a critical aspect to watch, as the Venezuelan government under Delcy Rodríguez faces mounting pressures and uncertain prospects.

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