The United States' control over Venezuela's oil industry has raised questions about the fate of the billions in revenue generated. Despite the Trump administration's claims of transparency and mutual benefit, a lack of public disclosure and oversight has led to concerns about the funds' use and potential corruption. The administration's handling of Venezuelan oil exports has been marked by secrecy, with no clear plan for a democratic transition and minimal accountability. The author argues that the U.S. risks perpetuating the authoritarian regime by failing to exert pressure for political concessions and include the opposition and civil society in negotiations. The lack of transparency and a clear strategy for sanctions relief leaves the U.S. vulnerable to criticism and the potential for a prolonged authoritarian rule in Venezuela. The author emphasizes the need for a comprehensive plan that addresses the democratic benchmarks and includes transparency and accountability mechanisms to ensure a genuine transition to democracy.
