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🇻🇪 Venezuela /Economy & Trade

Trump calls US-Venezuela relationship 'great,' citing oil benefits

From El Nacional · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • U.S. President Donald Trump described the relationship between the United States and Venezuela as "great," highlighting cooperation in the energy sector.
  • Trump cited the capture of Nicolás Maduro as an example of successful international policy, stating it took only 48 minutes.
  • He asserted that both countries benefit from oil production, with Venezuela and the U.S. extracting millions of barrels.

President Donald Trump declared the relationship between the United States and Venezuela to be in a "great" moment, emphasizing cooperation in energy matters and mutual economic benefits.

Speaking at the G7 summit in France alongside Indian Prime Minister Narendra Modi, Trump pointed to the operation that led to Nicolás Maduro's capture as a success of his international policy. "We have the most powerful military in the world. You saw it with Venezuela, that was 48 minutes. Think about it, 48 minutes and now our relationship with Venezuela is great," he stated.

We have the most powerful military in the world. You saw it with Venezuela, that was 48 minutes. Think about it, 48 minutes and now our relationship with Venezuela is great.

— Donald TrumpPresident of the United States, describing the bilateral relationship and a recent operation.

Trump further elaborated on the energy sector cooperation, noting that "millions of barrels" are being extracted. "Venezuela is benefiting, we are benefiting," he added, underscoring the economic advantages for both nations.

These remarks come amid a gradual reactivation of Venezuela's energy sector, supported by partial agreements with international companies following years of restrictions and sanctions. Companies like Spain's Repsol and the U.S.'s Chevron have recently expanded or maintained operations in Venezuela under specific licenses.

We are extracting millions of barrels. Venezuela is benefiting, we are benefiting.

— Donald TrumpPresident of the United States, discussing the economic benefits of oil cooperation.
DistantNews Editorial

Originally published by El Nacional in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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