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International Business Times UK
International Business Times UK
World
Chelsie Napiza

Trump Bypasses Congress to Give Oil Firms Insider Access to Venezuela Resources

US President Donald Trump and Sen. Lindsey Graham speak to the media aboard Air Force One enroute to Washington, DC. (Credit: Getty Images)

Trump has effectively authorised American oil interests to access Venezuela's vast oil resources without explicit congressional approval following a US military operation that ousted President Nicolás Maduro. The move has triggered global alarm, legal challenges and intense debate over executive power and energy geopolitics.

The Trump administration's actions, including the capture of Venezuela's head of state and the intent to channel US oil companies into Venezuelan reserves, represent a dramatic departure from traditional diplomatic and legislative processes. Critics contend that the measures amount to executive overreach with significant implications for international law and economic control.

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