08.01.2026 06:41
U.S. President Donald Trump announced that Venezuela will only purchase American-made products with the revenue from its oil deals. U.S. Secretary of State Marco Rubio stated that they have a three-phase plan for Venezuela, saying, "Venezuela will no longer be able to transport oil and generate revenue unless the U.S. allows it."
U.S. President Donald Trump made a statement regarding the issue on his U.S.-based Truth Social account. Trump said, "I just learned that Venezuela will only purchase American-made products with the money it will earn from our new oil deal."
Among other things, Trump noted that American agricultural products, American-made medicines, medical devices, and equipment to improve Venezuela's electrical grid and energy facilities would be included in these purchases, stating, "In other words, Venezuela is committing to doing business with the U.S. as its main partner." Trump described this as a wise choice, emphasizing that it is a very good thing for both the people of Venezuela and the U.S.
SECRETARY RUBIO ANNOUNCED THE THREE-PHASE PLAN
U.S. Secretary of State Marco Rubio explained the stages of the process that will be managed together with the "transitional government" that came to power after the abduction of Venezuelan President Nicolas Maduro. Rubio told reporters in the U.S. Congress that the government has announced a three-phase plan for Venezuela. He stated that in the first phase, 30 to 50 million barrels of Venezuelan oil would be purchased by the U.S. and sold at "market prices," adding, "This money will be managed for the benefit of the Venezuelan people, not for corruption."
In the second phase, Rubio indicated that the Venezuelan economy would be opened to Western companies, stating that they would ensure fair access for U.S., Western, and other companies to the Venezuelan market. Rubio also announced that a national reconciliation process would be initiated in the second phase, allowing the opposition to be pardoned and return to the country freely.
"THE ONLY WAY IS TO COOPERATE WITH THE U.S."
Rubio stated that Venezuelans "understand that the only way to transport oil and generate income while preventing economic collapse is to cooperate with the U.S." Responding to criticisms from U.S. senators that the U.S. is "improvising" regarding Venezuela, Rubio said that Venezuela would no longer be able to transport oil and generate income unless the U.S. allows it, providing the U.S. with "immense leverage" and "control" over Venezuela.
Rubio expressed that the U.S. has made numerous attempts to reach a conclusion without intervening in Venezuela to capture Maduro, stating, "Unfortunately, these have failed." He also emphasized that the President has the right to take action in the event of a threat to the U.S.
"WE ARE MAKING VERY POSITIVE PROGRESS FOR THE TRANSITION PHASE"
Rubio explained that the third phase would be the "transition phase," stating that they would provide more details on this in the coming days, saying, "We believe we are making very positive progress on this."
TRUMP HAD SENT A STRIKING MESSAGE
U.S. President Donald Trump announced that the transitional government in Venezuela would transfer high-quality oil, between 30 to 50 million barrels under sanctions, to the U.S. He stated that this oil would be sold at market prices, saying, "The revenue generated will be under my control as President of the U.S. to ensure it is used for the benefit of both the Venezuelan and U.S. people."