India, Jan. 7 -- The United States has signaled a major step in its dealings with Venezuela, through the announcement of plans to seize its stranded oil and sell it at international market prices. According to US officials, this approach will help stabilize the economy of Venezuela while preventing funds from slipping into corrupt hands.

Senator Marco Rubio emphasized that Washington holds tremendous control and leverage over Caracas's interim government now. Speaking on Capitol Hill, he clarified that this leverage keeps any oil sales or revenue united with the US to make sure they benefit the people of Venezuela and not the old regime in any way. To Rubio, the interim leaders understand the way to prevent economic collapse lies in thei...