No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, July 17, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Rubio suggests the U.S. won't govern Venezuela day-to-day and will use oil quarantine to exercise control

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 5 mins read
A A
Rubio suggests the U.S. won't govern Venezuela day-to-day and will use oil quarantine to exercise control
Share on FacebookShare on TwitterShare on LInkedIn



 Secretary of State Marco Rubio suggested Sunday that the United States would not govern Venezuela day-to-day other than enforcing an existing “oil quarantine” on the country, a turnaround after President Donald Trump announced a day earlier that the U.S. would be running Venezuela following its ouster of leader Nicolás Maduro.

Rubio’s statements on TV talk shows seemed designed to temper concerns about whether the assertive American action to achieve regime change might again produce a prolonged foreign intervention or failed attempt at nation-building. They stood in contrast to Trump’s broad but vague claims that the U.S. would at least temporarily “run” the oil-rich nation, comments that suggested some sort of governing structure under which Caracas would be controlled by Washington.

Rubio offered a more nuanced take, saying the U.S. would continue to enforce an oil quarantine that was already in place on sanctioned tankers before Maduro was removed from power early Saturday and use that leverage as a means to press policy changes in Venezuela.

“And so that’s the sort of control the president is pointing to when he says that,” Rubio said on CBS’ “Face the Nation.” “We continue with that quarantine, and we expect to see that there will be changes, not just in the way the oil industry is run for the benefit of the people, but also so that they stop the drug trafficking.”

The blockade on sanctioned oil tankers — some of which have been seized by the U.S. — “remains in place, and that’s a tremendous amount of leverage that will continue to be in place until we see changes that not just further the national interest of the United States, which is number one, but also that lead to a better future for the people of Venezuela,” he added.

Leaders in Venezuela have so far pushed back, at least publicly, calling on the Trump administration to release Maduro.

Even before the operation that nabbed Maduro, experts were already questioning the legality of aspects of the administration’s pressure campaign on Venezuela, including the deadly bombing of boats accused of trafficking drugs that some scholars said stretched the boundaries of international law.

Trump repeated vow US would ‘run’ Venezuela

Trump’s vow to “run” Venezuela, repeated more than half a dozen times at a news conference in Florida on Saturday, sparked concerns among some Democrats. It also drew unease from parts of his own Republican coalition, including an “America First” base that is opposed to foreign interventions, and also from observers who recalled past nation-building efforts in Iraq and Afghanistan.

Rubio dismissed such criticism, saying that Trump’s intent had been misunderstood.

“The whole foreign policy apparatus thinks everything is Libya, everything is Iraq, everything is Afghanistan,” Rubio said. “This is not the Middle East. And our mission here is very different. This is the Western Hemisphere.”

Rubio also suggested the U.S. would give Maduro’s subordinates now in charge time to govern, saying, “We’re going to judge everything by what they do.” And though he did not rule out boots on the ground in Venezuela, Rubio said the U.S, which has built up its presence in the region, was already capable of stopping drug boats and sanctioned tankers.

A day earlier, Trump told reporters, “We’re going to run the country until such time as we can do a safe, proper and judicious transition.” He later pointed to his national security team with him, including Rubio and Defense Secretary Pete Hegseth, and said it would be done for a period of time by “the people that are standing right behind me. We’re gonna be running it we’re gonna be bringing it back.”

The White House declined to comment beyond what Trump said Saturday.

Maduro’s arrival

Maduro landed late Saturday afternoon at a small airport in New York City’s northern suburbs following the middle-of-the-night operation that extracted him and his wife, Cilia Flores, from their home in a military base in the capital city of Caracas — an act that Maduro’s government called “imperialist.” The couple faces U.S. charges of participating in a narco-terrorism conspiracy.

The dramatic seizure of the Maduros capped an intensive Trump administration pressure campaign on Venezuela’s autocratic leader and months of secret planning, resulting in the most assertive American action to achieve regime change since the 2003 invasion of Iraq. Legal experts raised questions about the lawfulness of the operation, which was done without congressional approval.

Venezuela’s vice president, Delcy Rodriguez, demanded that the U.S. free Maduro and called him the country’s rightful leader as her nation’s high court named her interim president. So did the country’s defense minister, General-in-Chief Vladimir Padrino López, who said Sunday that the country’s armed forces “categorically reject the cowardly kidnapping.”

Maduro is due to make his first appearance Monday in Manhattan’s federal court.

Maduro and other Venezuelan officials were indicted in 2020 on narco-terrorism conspiracy charges, and the Justice Department released a new indictment Saturday of Maduro and his wife that painted his administration as a “corrupt, illegitimate government” fueled by a drug-trafficking operation that flooded the U.S with cocaine. The U.S. government does not recognize Maduro as the country’s leader.

The Trump administration spent months building up American forces in the region and carrying out attacks on boats in the Caribbean Sea and eastern Pacific Ocean for allegedly ferrying drugs. Last week, the CIA was behind a drone strike at a docking area believed to have been used by Venezuelan drug cartels — the first known direct operation on Venezuelan soil since the U.S. campaign began in September.

Quiet falls in Venezuela after US operation

Venezuela’s capital remained unusually quiet Sunday with few vehicles moving around and convenience stores, gas stations and other businesses closed. A road typically filled with runners, cyclists and other fitness enthusiasts on Sundays only had a handful of people working out.

The presidential palace was guarded by armed civilians and members of the military. At a nearby plaza, only a street sweeper and a soldier stood, and across the street, a church remained close for a second day in a row.

Under Venezuelan law, Rodríguez would take over from Maduro. Rodriguez, however, stressed during a Saturday appearance on state television that she did not plan to assume power, before Venezuela’s high court ordered that she assume the interim role. Trump told The Atlantic in an interview Sunday that Rodríguez could “pay a very big price” if she doesn’t do what he thinks is right for Venezuela.

That contrasted with the Republican president’s comments about Rodríguez on Saturday when he said Rubio had spoken with her and she was willing to do what the U.S. thinks is needed to improve the standard of living in Venezuela.

Trump told the magazine that “if she doesn’t do what’s right, she is going to pay a very big price, probably bigger than Maduro.”

Trump told the New York Post in an interview Saturday that the U.S. wouldn’t need to station troops in Venezuela if she “does what we want.”

Caracas resident David Leal arrived to the lot where he parks vehicles for a living only to quickly realize that he would likely not see any clients for a second day.

“People are still shaken,” said Leal, 77.

This story was originally featured on Fortune.com



Source link

Tags: ControldaytodayExerciseGovernoilquarantineRubiosuggestsU.SVenezuelaWon039t
ShareTweetShare
Previous Post

$110 Billion Flees South Korea In 2025

Next Post

Brigette’s $114.64 Grocery Shopping Trip and Weekly Menu Plan for 6!

Related Posts

edit post
Clarity Act passing odds hit record lows as bill stalls in Senate (BTC-USD:Cryptocurrency)

Clarity Act passing odds hit record lows as bill stalls in Senate (BTC-USD:Cryptocurrency)

by TheAdviserMagazine
July 17, 2026
0

Jul 17, 2026, 3:15 PM ETBitcoin USD (BTC-USD) Crypto, ETH-USD CryptoGBTC, BLOK, DAPP, BITQ, BKCH, CRPT, BTCW, IBLC, IBIT, BRRR,...

edit post
World Cup final is already the biggest ever prediction market as Kalshi bets top .27 billion—with Spain favored to beat Argentina

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

by TheAdviserMagazine
July 17, 2026
0

The World Cup is driving record-breaking activity on prediction markets, with popular platforms Kalshi and Polymarket reporting their highest trading...

edit post
Cohen & Steers Q2 Earnings Call Highlights

Cohen & Steers Q2 Earnings Call Highlights

by TheAdviserMagazine
July 17, 2026
0

Key Points Interested in Cohen & Steers Inc? Here are five stocks we like better. Cohen & Steers posted stronger...

edit post
Esther Perel says workforces are suffering from social atrophy and AI is making it worse

Esther Perel says workforces are suffering from social atrophy and AI is making it worse

by TheAdviserMagazine
July 17, 2026
0

Esther Perel has spent her career exploring the complexities of human relationships. Her seminal book, Mating in Captivity, examined the tension between love and desire.   Now, the psychotherapist...

edit post
Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings

Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings

by TheAdviserMagazine
July 17, 2026
0

The market regulator, Sebi, on Friday eased mutual fund investing by allowing SWP and STP standing instructions for demat holdings...

edit post
Mortgage and refinance interest rates today, Friday, July 17, 2026: Rates are mixed today

Mortgage and refinance interest rates today, Friday, July 17, 2026: Rates are mixed today

by TheAdviserMagazine
July 17, 2026
0

According to the Zillow lender marketplace, mortgage rates are mixed today. The average 30-year fixed-rate mortgage rose by 3 basis...

Next Post
edit post
Brigette’s 4.64 Grocery Shopping Trip and Weekly Menu Plan for 6!

Brigette’s $114.64 Grocery Shopping Trip and Weekly Menu Plan for 6!

edit post
Week 1: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

Week 1: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Clarity Act passing odds hit record lows as bill stalls in Senate (BTC-USD:Cryptocurrency)

Clarity Act passing odds hit record lows as bill stalls in Senate (BTC-USD:Cryptocurrency)

0
edit post
Researchers Just Unlocked AI’s Black Box

Researchers Just Unlocked AI’s Black Box

0
edit post
A World Cup Final Through Austrian Eyes

A World Cup Final Through Austrian Eyes

0
edit post
Bitcoin Traders Pull BTC Below K as Middle East Tensions Trigger Fresh Risk-Off Selling

Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling

0
edit post
20 DIY Apartment Decorating Ideas on a Budget

20 DIY Apartment Decorating Ideas on a Budget

0
edit post
World Cup final is already the biggest ever prediction market as Kalshi bets top .27 billion—with Spain favored to beat Argentina

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

0
edit post
Clarity Act passing odds hit record lows as bill stalls in Senate (BTC-USD:Cryptocurrency)

Clarity Act passing odds hit record lows as bill stalls in Senate (BTC-USD:Cryptocurrency)

July 17, 2026
edit post
Bitcoin Traders Pull BTC Below K as Middle East Tensions Trigger Fresh Risk-Off Selling

Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling

July 17, 2026
edit post
World Cup final is already the biggest ever prediction market as Kalshi bets top .27 billion—with Spain favored to beat Argentina

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

July 17, 2026
edit post
Researchers Just Unlocked AI’s Black Box

Researchers Just Unlocked AI’s Black Box

July 17, 2026
edit post
Cohen & Steers Q2 Earnings Call Highlights

Cohen & Steers Q2 Earnings Call Highlights

July 17, 2026
edit post
Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

July 17, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Clarity Act passing odds hit record lows as bill stalls in Senate (BTC-USD:Cryptocurrency)
  • Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling
  • World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.