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Trump Signals Long U.S. Oversight in Venezuela as Greenland Threats Draw Rebukes

He links control of Venezuelan oil revenues to U.S. purchases as a tool of leverage.

Overview

  • Trump told the New York Times the U.S. presence in Venezuela could last well beyond a year, describing a plan to rebuild the country using proceeds from its oil.
  • The White House asserts Venezuelan oil sales will be run by the U.S. indefinitely, with Trump claiming Caracas will spend those revenues exclusively on U.S.-made goods.
  • U.S. forces have brought multiple Venezuelan-linked tankers under control this week, including a vessel sailing under a Russian flag, with officials citing sanctions violations.
  • Senior officials briefed Congress on a three-phase approach—stabilization, recovery, transition—prompting partisan division over legality even as Republicans offered support.
  • Talk of acquiring Greenland, including references to military options, provoked coordinated European backing for Denmark and sharp criticism from Republican lawmakers such as Mitch McConnell, Thom Tillis and Lisa Murkowski, while Trump also pushed a 2027 defense budget target of about $1.5 trillion.