US President Trump said in an interview with the US “New York Times” on January 7 that he expects the US to “manage” Venezuela for many years and extract its huge oil reserves. In the interview, Trump did not give a specific time frame for the US as the “political controller” of Venezuela. When asked if it was three months, half a year, a year or more, he answered, “I think it will last longer.” Trump said he has begun to make money for the US by obtaining Venezuelan sanctioned oil. In the interview, he once again mentioned the previous announcement that Venezuela would hand over 30 million to 50 million barrels of “sanctioned high-quality oil” to the US, but did not give a timeline for this process, and acknowledged that it would take years to revive the country's “neglected oil industry.”

US President Trump said in an interview with the US “New York Times” on January 7 that he expects the US to “manage” Venezuela for many years and extract its huge oil reserves. In the interview, Trump did not give a specific time frame for the US as the “political controller” of Venezuela. When asked if it was three months, half a year, a year or more, he answered, “I think it will last longer.” Trump said he has begun to make money for the US by obtaining Venezuelan sanctioned oil. In the interview, he once again mentioned the previous announcement that Venezuela would hand over 30 million to 50 million barrels of “sanctioned high-quality oil” to the US, but did not give a timeline for this process, and acknowledged that it would take years to revive the country's “neglected oil industry.”