ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Asia

US to work in Venezuela via oil companies: Foreign affairs expert after Maduro's capture

Sachdev said that major oil companies may be used to engage with the Venezuelan opposition, to gain access to the country's oil while sharing profits through royalties.

ANI Jan 05, 2026 02:53 IST googleads

Foreign Affairs Expert Robinder Sachdev (Photo/ANI)

New Delhi [India], January 5 (ANI): Foreign affairs expert Robinder Sachdev said that it was clear from President Donald Trump's approach towards Venezuela that "some work will be done through oil companies", and the US may create a team including some "senior executives from oil companies".
His remarks come after Washington on Saturday carried out a "large-scale strike against Venezuela", and the deposed Nicolas Maduro and his wife, Cilia Flores, were captured and flown out of the country.
Sachdev said that major oil companies may be used to engage with the Venezuelan opposition, with the aim of gaining access to the country's oil while sharing profits through royalties.
Speaking to ANI, Sachdev on Sunday said, "Trump said that now we will run Venezuela. As if Venezuela were a company they had acquired, and they're saying they will run Venezuela. Now we have to see how they will run it. But what seems clear about their approach, their mindset, is that some work will be done through oil companies. That is, first, he will form a team. He says the team will include the Secretary of War, Pete Hegseth, and Marco Rubio. Besides them, I think they will also involve some senior executives from oil companies in the team."
He said that big oil companies have "years of experience in orchestrating coups" in countries across the globe, like in Africa.
"The big oil companies have many years of experience in orchestrating coups in countries around the world and securing new projects; they've done a lot of this in Africa. So, teams will be formed from the wheeler-dealer executives of these companies, and these teams will then talk to the Venezuelan opposition about how to bring them to power. The objective is that the Venezuelan oil will go to these oil companies for extraction, and obviously, some of the money from that oil will go to Venezuela because it's their resource. The companies will make a profit, and the US will take some money in the form of royalties," Sachdeva added.
Maduro and Flores were captured in Caracas and flown out of the country in a joint operation involving intelligence agencies and US law enforcement.
Trump stated that Maduro and his wife have been indicted on charges of alleged "drug trafficking and narco-terrorism conspiracies" in the Southern District of New York and will face trial. (ANI)

Get the App

What to Read Next

US

Trump describes Michigan synagogue attack as "terrible"

Trump describes Michigan synagogue attack as

Speaking at a Women's History Month event at the White House, the US president said he had been fully briefed on the situation and described the incident as "terrible."

Read More
Asia

"India harnessed digital tools to expand...": MEA Secy (West)

George highlighted how digital tools and AI empower 1.4 billion Indians.

Read More
Asia

India consistently supported Maldives in crisis: Mohamed Nasheed

India consistently supported Maldives in crisis: Mohamed Nasheed

He highlighted India's role as a "first responder" for the Maldives, emphasising that India's support during critical periods has been fundamental to the stability and security of the island nation.

Read More
Pacific

MoS Kirti Vardhan Singh attends Chile President's inauguration

MoS Kirti Vardhan Singh attends Chile President's inauguration

Minister of State for External Affairs and Environment, Forest & Climate Change, Kirti Vardhan Singh, visited Chile from March 10-12 and represented the Government of India at the inauguration ceremony of the new President of Chile, HE Jose Antonio Kast Rist.

Read More
US

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

In a post by the White House, President Trump, while acknowledging that the United States is currently the world's leading oil producer and stands to benefit financially from higher crude prices, emphasised that his administration's overriding mission remains the permanent dismantling of Iran's nuclear program.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.