Detroit, 14 January (H.S.): United States President Donald Trump proclaimed on Tuesday a burgeoning economic renaissance for Venezuela, underscoring robust collaboration with Caracas authorities to funnel millions of barrels of oil into American refineries following the January 3 military operation that toppled former leader Nicolás Maduro.

Addressing the Detroit Economic Club, Trump positioned himself as Venezuela's foremost advocate, charting its trajectory from erstwhile prosperity to calamity and back. I'm Venezuela's biggest fan. We're working with them. They came down from a very high number to a disaster, he stated, heralding daily shipments of 50 million barrels valued at over $5 billion as a catalyst for plummeting global energy prices.

Strategic Engagement and Recent Dialogue

Trump spotlighted a recent conversation with interim President Delcy Rodríguez, who solicited U.S. absorption of the oil consignment—acquiesced to instantaneously. She's been very good. She asked us if we could take 50 million barrels of oil, and I said yes, we can... worth $4.2 billion, and it is on its way right now, he affirmed, framing the accord as mutually beneficial for hemispheric stability and American consumers.

This overture follows the U.S.-led intervention capturing Maduro, which Trump lauded as an incredible feeling emblematic of decisive victory. The influx promises to depress oil prices further, bolstering U.S. energy independence while rehabilitating Venezuela's ravaged petroleum sector after years of sanctions and mismanagement.

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Hindusthan Samachar / Jun Sarkar