BusinessPostCorner.com
No Result
View All Result
Friday, July 17, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Rubio says the U.S. doesn’t need Venezuelan oil but doesn’t rule out occupying the country

January 4, 2026
in Business
Reading Time: 2 mins read
A A
0
Rubio says the U.S. doesn’t need Venezuelan oil but doesn’t rule out occupying the country
ShareShareShareShareShare

President Donald Trump touted U.S. access to Venezuelan oil after ousting Nicolas Maduro, but Secretary of State Marco Rubio pointed to other foreign policy priorities.

Trump said U.S. oil companies will invest billions of dollars to rebuild the country’s energy infrastructure after years of mismanagement that has slashed production despite Venezuela having the world’s largest proven oil reserves.

“We’re going to have a presence in Venezuela as it pertains to oil,” he told reporters on Saturday. “We’re going to be taking a tremendous amount of wealth out of the ground.”

In an interview Sunday on NBC’s Meet the Press with Kristen Welker, Rubio was asked why the U.S. needs to take over Venezuela’s oil industry.

“We don’t need Venezuela’s oil. We have plenty of oil in the United States. What we’re not going to allow is for the oil industry in Venezuela to be controlled by adversaries of the United States,” he replied, naming Russia, China and Iran.

“This is the Western Hemisphere. This is where we live. And we’re not going to allow the Western Hemisphere to be a base of operations for adversaries, competitors, and rivals of the United States, simple as that.”

Rubio also said the U.S. wants to see Venezuela’s oil wealth benefiting the people. During Maduro’s rule, the regime and its cronies enriched themselves with oil, contributing to the an economic collapse and the mass exodus of people out of the country, he added.

Meanwhile, the U.S. has left Maduro’s top lieutenants in place, and Trump suggested Venezuela’s interim president, Delcy Rodriguez, will take orders from the U.S.

But if the country’s current leaders don’t cooperate, Trump has left open the possibility that he could send U.S. ground troops into Venezuela.

When asked in a separate interview on CBS’s Face the Nation if there is no plan for a U.S. occupation of Venezuela, Rubio declined to rule that out.

“Well, I think first of all, the president always retains optionality on anything and on all these matters,” he said. “He certainly has the ability and the right under the Constitution of the United States to act against imminent and urgent threats against the country.”

For now, U.S. forces remain in the region at a high state of readiness, Joint Chiefs of Staff Chairman Gen. Dan Caine said Saturday. Trump also said U.S. sanctions will stay in place on Venezuelan oil.

Rubio explained that the sanctions are aimed at “paralyzing that portion of how the regime generates revenue.” He also dismissed fears about boots on the ground as an “obsession.”

Trump “does not feel like he is going to publicly rule out options that are available for the United States, even though that’s not what you’re seeing right now,” Rubio added. “What you’re seeing right now is an oil quarantine that allows us to exert tremendous leverage over what happens next.”

Credit: Source link

ShareTweetSendPinShare
Previous Post

Tax Fraud Blotter: Gimme gimme gimme

Next Post

Donald Trump’s reckless intervention in Venezuela

Next Post
Donald Trump’s reckless intervention in Venezuela

Donald Trump’s reckless intervention in Venezuela

Digital Asset Market Clarity Act: Ethics Fight Stalls Vote

Digital Asset Market Clarity Act: Ethics Fight Stalls Vote

July 11, 2026
CLARITY Act Senate Vote: Ethics Fight Dims Passage Odds

CLARITY Act Senate Vote: Ethics Fight Dims Passage Odds

July 13, 2026
The ‘Soccer Capital of America’ is now gunning for the Soccer Capital of the World (Cup)

The ‘Soccer Capital of America’ is now gunning for the Soccer Capital of the World (Cup)

July 11, 2026
NYS Gov. Hochul’s data center moratorium includes a new model for funding AI infrastructure 

NYS Gov. Hochul’s data center moratorium includes a new model for funding AI infrastructure 

July 14, 2026
Is your AI really working? Why productivity isn’t the same as progress

Is your AI really working? Why productivity isn’t the same as progress

July 15, 2026
Hong Kong audit watchdog targets idle firms to boost capacity

Hong Kong audit watchdog targets idle firms to boost capacity

July 15, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Esther Perel says workforces are suffering from social atrophy and AI is making it worse

Esther Perel says workforces are suffering from social atrophy and AI is making it worse

July 17, 2026
Workforce changes top lawsuit trigger, says corporate counsel

Workforce changes top lawsuit trigger, says corporate counsel

July 17, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!