Zürcher Nachrichten - US says to dictate Venezuela decisions and oil sales

EUR -
AED 4.378987
AFN 78.098245
ALL 96.557811
AMD 449.781217
ANG 2.13444
AOA 1093.404289
ARS 1674.054124
AUD 1.675402
AWG 2.149249
AZN 2.078663
BAM 1.96001
BBD 2.402771
BDT 145.933465
BGN 2.002433
BHD 0.449498
BIF 3535.809733
BMD 1.192371
BND 1.510351
BOB 8.243985
BRL 6.196635
BSD 1.192967
BTN 108.01063
BWP 15.650683
BYN 3.427276
BYR 23370.475696
BZD 2.399264
CAD 1.611996
CDF 2635.140329
CHF 0.912176
CLF 0.025839
CLP 1020.263904
CNY 8.240298
CNH 8.236215
COP 4372.973714
CRC 590.370589
CUC 1.192371
CUP 31.597837
CVE 110.506074
CZK 24.247643
DJF 212.437205
DKK 7.470923
DOP 74.770921
DZD 154.316398
EGP 55.846258
ERN 17.885568
ETB 185.190565
FJD 2.606345
FKP 0.872667
GBP 0.871868
GEL 3.207668
GGP 0.872667
GHS 13.128641
GIP 0.872667
GMD 87.643407
GNF 10472.53889
GTQ 9.148959
GYD 249.594501
HKD 9.318208
HNL 31.524847
HRK 7.536505
HTG 156.486789
HUF 377.65929
IDR 20002.027031
ILS 3.662702
IMP 0.872667
INR 107.972193
IQD 1562.763363
IRR 50228.637367
ISK 145.003974
JEP 0.872667
JMD 186.65171
JOD 0.845423
JPY 182.285535
KES 153.815695
KGS 104.272683
KHR 4808.348478
KMF 494.119775
KPW 1073.132975
KRW 1730.923534
KWD 0.365903
KYD 0.994152
KZT 586.940591
LAK 25620.139399
LBP 106743.791495
LKR 369.134447
LRD 222.495383
LSL 19.004401
LTL 3.520762
LVL 0.721253
LYD 7.521187
MAD 10.875926
MDL 20.190454
MGA 5281.366502
MKD 61.685932
MMK 2503.876525
MNT 4254.608132
MOP 9.606275
MRU 46.89509
MUR 54.467686
MVR 18.422699
MWK 2068.551916
MXN 20.466158
MYR 4.680651
MZN 76.194973
NAD 19.004641
NGN 1616.211591
NIO 43.904491
NOK 11.3022
NPR 172.811924
NZD 1.966636
OMR 0.458459
PAB 1.192973
PEN 4.005905
PGK 5.118015
PHP 69.54803
PKR 333.729148
PLN 4.21722
PYG 7851.898775
QAR 4.348587
RON 5.091542
RSD 117.329627
RUB 92.31239
RWF 1741.748573
SAR 4.472405
SBD 9.608304
SCR 16.819829
SDG 717.197083
SEK 10.5476
SGD 1.504922
SHP 0.894587
SLE 29.034073
SLL 25003.427193
SOS 681.767293
SRD 45.178714
STD 24679.676638
STN 24.552842
SVC 10.438466
SYP 13187.118688
SZL 18.985861
THB 37.057111
TJS 11.196225
TMT 4.185223
TND 3.436898
TOP 2.870943
TRY 52.034412
TTD 8.091516
TWD 37.484599
TZS 3079.482273
UAH 51.378476
UGX 4241.252474
USD 1.192371
UYU 45.749805
UZS 14697.632092
VES 458.813007
VND 30935.474832
VUV 142.328885
WST 3.227812
XAF 657.371789
XAG 0.014519
XAU 0.000236
XCD 3.222443
XCG 2.150054
XDR 0.81756
XOF 657.371789
XPF 119.331742
YER 284.17192
ZAR 18.939964
ZMK 10732.765918
ZMW 22.695846
ZWL 383.943043
  • CMSC

    0.1070

    23.692

    +0.45%

  • SCS

    0.0200

    16.14

    +0.12%

  • RIO

    0.3900

    97.24

    +0.4%

  • NGG

    0.3700

    88.76

    +0.42%

  • GSK

    -0.1900

    58.82

    -0.32%

  • CMSD

    0.1100

    24.08

    +0.46%

  • RYCEF

    0.5300

    17.41

    +3.04%

  • BTI

    -0.9600

    60.19

    -1.59%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • BP

    -2.2500

    36.97

    -6.09%

  • BCE

    0.2100

    25.83

    +0.81%

  • BCC

    0.7100

    89.73

    +0.79%

  • JRI

    -0.0300

    12.78

    -0.23%

  • VOD

    -0.2300

    15.25

    -1.51%

  • AZN

    5.3900

    193.4

    +2.79%

  • RELX

    -0.1900

    29.29

    -0.65%

US says to dictate Venezuela decisions and oil sales
US says to dictate Venezuela decisions and oil sales / Photo: Mandel NGAN - AFP

US says to dictate Venezuela decisions and oil sales

US President Donald Trump's administration said Wednesday it intends to dictate the decisions of Venezuela's interim leaders and control the country's oil sales "indefinitely" after toppling Nicolas Maduro.

Text size:

Washington said it had also seized a Russian-linked oil tanker after pursuing it from Venezuela, stepping up Trump's assertion of US dominance over its neighborhood following Saturday's capture of Maduro.

Trump has said that the United States will "run" Venezuela, but it has no boots on the ground and appears to be relying on a naval blockade and the threat of further force to ensure the cooperation of interim president Delcy Rodriguez.

"We obviously have maximum leverage over the interim authorities in Venezuela right now" following the US operation that captured Maduro on Saturday, White House Press Secretary Karoline Leavitt told a briefing.

"We're continuing to be in close coordination with the interim authorities, and their decisions are going to continue to be dictated by the United States of America."

US special forces snatched president Maduro and his wife from Caracas on Saturday in a lightning operation, and whisked them to New York to face trial on drug charges.

Interim president Rodriguez -- a long-time member of Maduro's inner circle as vice president and energy minister -- has vowed cooperation with the United States amid fears that Trump could pursue wider regime change.

But Rodriguez insisted on Tuesday that there was "no foreign agent" governing the South American country, which has the world's largest proven oil reserves.

Washington -- which has so far indicated it intends to stick with Rodriguez and sideline opposition figures, including Nobel Peace Prize winner Maria Corina Machado -- has meanwhile given few details about its plans.

Secretary of State Marco Rubio insisted on Wednesday, after meeting lawmakers on Capitol Hill who have been critical about the post-Maduro planning, that the United States was "not just winging it."

Democratic congressman Shri Thanedar told AFP he was "very impressed" with the US military but criticized Trump's administration for not informing lawmakers about the operation.

- 'Immense opportunity' -

So far, the US plan relies heavily on what Trump said on Tuesday was an agreement for Venezuela to hand over between 30 and 50 million of barrels of oil to the United States for it to then sell.

Venezuela's state oil firm said on Wednesday that it was discussing oil sales with the United States for the "sale of volumes of oil" under existing commercial frameworks.

But US Energy Secretary Chris Wright said earlier Wednesday that Washington was looking at longer term control over Venezuela's oil.

"We're going to market the crude coming out of Venezuela, first this backed-up stored oil, and then indefinitely, going forward, we will sell the production that comes out of Venezuela," Wright said at a Goldman Sachs energy event.

Trump will on Friday meet executives from US oil companies, whom he has said will invest in Venezuela's crumbling facilities, despite no firm having yet made such pledges amid the turmoil in the country.

"It's just a meeting to discuss, obviously, the immense opportunity that is before these oil companies right now," Leavitt told reporters.

The White House added that sanctions on some parts of the Venezuela's oil sector would be waived to facilitate exports of Venezuela's extra-heavy crude.

Washington is meanwhile also relying on its naval blockade to stop Venezuela selling what the US says is sanctioned oil to allies Russia, China and Iran.

US forces on Wednesday seized an oil tanker in the North Atlantic after pursuing it from off the coast of Venezuela. The tanker, formerly known as the Bella-1, in recent weeks switched its registration to Russia.

But Leavitt insisted the oil tanker had been "deemed stateless after flying a false flag."

Moscow condemned the operation.

A.Wyss--NZN