How Trump's oil grab could derail his Venezuela takeover plans | DW News

"To the victor belong the spoils." That's how US President Donald Trump framed his Venezuela strategy, after the US-backed removal of Nicolas Maduro. But after striking oil and gold deals with Maduro's deputy, and declaring that Venezuela could become the 51st US state, Trump is facing a new hurdle in his wealth extraction plans. Opposition leader Marina Corina Machado has returned to Venezuela, and is asking for transparency over the oil deals, and a timetable for elections. DW's Amien Essif speaks with Venezuelan political commentator Alex Trivella and DW correspondent Oscar Schlenker about how fast-moving events could upset Trump's Venezuela strategy.

Chapters:
00:00 - Introduction: US oil and gold deals in Venezuela
01:00 - Venezuela's natural resources and reserves
01:46 - Maduro's capture and the Blue Energy deal
02:55 - Gold imports and 51st state rhetoric
03:58 - Alex Trava on domestic plunder vs. US intervention
05:09 - Fears of collusion between ruling elites
06:25 - Maria Corina Machado's return and call for scrutiny
08:21 - Why resource extraction requires a democratic transition
10:00 - Rhetoric vs. reality: The need for infrastructure
10:31 - Democracy or cheap resources?

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