UPDATE 1-Trump says US oversight of Venezuela could last years, NYT reports

⁠We're getting ‌oil prices ⁠down, and we're going to be giving money to Venezuela, which they desperately ‍need." Trump added the U.S. was "getting along very well" with the interim president ​Delcy Rodriguez's government in Venezuela right now, according to the ⁠Times.


Reuters | Updated: 08-01-2026 13:36 IST | Created: 08-01-2026 13:36 IST
UPDATE 1-Trump says US oversight of Venezuela could last years, NYT reports

U.S. President Donald Trump said that "only ‌time will tell" how long the United States will maintain oversight of Venezuela in an ⁠interview published by the New York Times early on Thursday.

When asked by the Times if it would it be three months, six months, a ​year or longer, Trump said: "I would say much longer." "We ‍will rebuild it in a very profitable way," Trump said of Venezuela, adding, "we're going to be using oil, and we're going to be taking oil. ⁠We're getting ‌oil prices ⁠down, and we're going to be giving money to Venezuela, which they desperately ‍need."

Trump added the U.S. was "getting along very well" with the interim president ​Delcy Rodriguez's government in Venezuela right now, according to the ⁠Times. Trump on Tuesday unveiled

a plan to refine and sell up to 50 million ⁠barrels of Venezuelan oil that had been stuck in Venezuela under U.S. blockade, in a further sign that Washington is coordinating ⁠with the Venezuelan government since capturing President Nicolas Maduro in a raid ⁠last ‌weekend.

"They're giving us everything that we feel is necessary," Trump said, referring to the Venezuelan government.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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