Senators on Capitol Hill were briefed by Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth regarding a "three-fold process" for Venezuela. This process is outlined as "stabilization," "recovery," and "transition."
Phase One: Stabilization (Quarantine)
Rubio indicated that the first phase, termed "quarantine," involves the sale of sanctioned Venezuelan oil and the subsequent distribution of profits. He stated that this measure is intended to prevent instability and provides significant leverage. The plan includes the continued seizure of oil tankers and the sale of approximately 30 to 50 million barrels of oil at market rates. The proceeds from these sales are intended to be managed to benefit the Venezuelan population, bypassing the current Venezuelan administration.
Phase Two: Recovery
The second phase, "recovery," focuses on re-establishing fair access to the Venezuelan market. This stage also aims to initiate a national reconciliation process within Venezuela. This process would potentially include amnesty and release for opposition figures, allowing them to return to the country and contribute to rebuilding civil society.
Phase Three: Transition
The third and final phase is identified as "transition." However, specific details regarding the implementation of this phase were not provided. Rubio noted that certain phases of this process might overlap.