US Plans to Control Venezuela’s Oil Exports Indefinitely The United States has openly stated that it plans to control Venezuela’s oil exports for an indefinite period, signaling a major shift in global energy and geopolitics. This means the US intends to decide how, where, and to whom Venezuelan oil will be sold, along with controlling the revenue generated from these exports. According to US officials, Venezuelan oil sales will operate under a Washington-controlled framework, where earnings will be managed through US-supervised accounts rather than Venezuela’s national treasury. Control Over Oil Revenue Under the proposed framework: Venezuela will not directly manage income from its oil exports Revenue will be held and distributed under US oversight The US claims the funds will be used for economic stabilization and humanitarian needs Critics argue there is no transparency regarding how much of this revenue will actually benefit Venezuelan citizens. India and Venezuelan Oil The U...
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