US President Donald Trump announced that the United States would begin selling Venezuelan oil, sparking renewed hopes for a dialogue with the cash-strapped South American nation.
During an interview with a television network, Mr Trump revealed he intends to be in charge of controlling oil sales and their proceeds from the sale, which is expected to generate hundreds of millions of dollars for Caracas. In contrast, a Venezuelan representative has said that no foreign agent will control the sale or distribution of the country's oil.
The news follows weeks of diplomatic efforts between the US and Venezuela, with Washington pushing Caracas to reconsider its socialist leader Hugo Chavez's re-election as president in 2009 elections - in which he won by an overwhelming margin.
During an interview with a television network, Mr Trump revealed he intends to be in charge of controlling oil sales and their proceeds from the sale, which is expected to generate hundreds of millions of dollars for Caracas. In contrast, a Venezuelan representative has said that no foreign agent will control the sale or distribution of the country's oil.
The news follows weeks of diplomatic efforts between the US and Venezuela, with Washington pushing Caracas to reconsider its socialist leader Hugo Chavez's re-election as president in 2009 elections - in which he won by an overwhelming margin.
i've been following the situation in venezuela for ages and it's been so sad to see what's happening there with the economic crisis and all. but hearing that trump is willing to sell their oil and help out the country is a big deal 
like, who wouldn't want some extra cash to help feed their people?
it's amazing how one small step like selling oil could potentially make a huge difference in someone's life.
. Honestly, I think it's kinda cool that the US is taking an interest in solving Venezuela's problems. I mean, their economy is in shambles right now and this could be a game changer 
Still, if it means Caracas gets some much-needed cash, I'm all for it 
. Maybe we'll see some positive changes come out of this deal after all... we can only hope 
finally, there's hope that the US and venezuela can find a way to work together again after all these years of tension. i mean, think about it - hundreds of millions of dollars could be helping people in venezuela right now, instead of being hoarded by the government or, worse, fueling corruption 
. and who knows, maybe this is just the push they need to have a dialogue about reforming their politics and economy... we can only hope, right? 
... selling venezuelan oil sounds like a super complicated deal 
... and what about the environment tho? don't we care about the impact on the planet 
? anyhoo, i guess this is a tiny bit of hope for venezuela 
... but let's keep our fingers crossed that everything goes smoothly 
. And what about the Venezuelan rep saying no foreign agent will be in charge? 
That just raises more questions than answers. I guess we'll have to wait and see how this whole thing plays out 