India, Jan. 8 -- WASHINGTON, January 8 - Following the dramatic seizure of two sanctioned oil tankers, the United States has laid out a detailed plan for Venezuela's immediate future. Secretary of State Marco Rubio outlined a three-step strategy that includes selling up to 50 million barrels of seized Venezuelan oil, with the U.S. controlling the proceeds.

In a press briefing, Secretary Rubio detailed the administration's approach, insisting they were "not just winging it." The plan consists of:

Economic Stabilization: Seizing and selling 30 to 50 million barrels of Venezuelan oil, with the United States-not interim Venezuelan leadership-deciding how the resulting $1.8 to $3 billion is disbursed.

Market Access: Ensuring "American, West...