Secretary Rubio: U.S. National Interest and a Better Future for the Venezuelan People

Unidentified forum · January 5, 2026

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Regime dependence on oil

Presentation

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Speaker 1 stated the Venezuelan regime’s economy is fueled by oil and described the country’s oil industry as backwards and in need of major reform and assistance.

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Speakers:Unidentified Speaker

An unidentified speaker defended continuing U.S. sanctions and a maritime quarantine on Venezuelan oil shipments as leverage to press the Venezuelan regime to stop diverting oil revenue and to address drug trafficking and ties to armed groups, saying sanctioned vessels could be seized under court order.

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