Trump seeks to make Venezuela great again and revive its oil-based economy while affordability crisis lingers in the U.S.

President Donald Trump has committed the U.S. to rebuilding Venezuela’s oil industry, the key driver in the country’s faltering economy, after the capture and arrest of dictator Nicolas Maduro by American forces.

During a press briefing on Saturday, Trump said “we’re going to run” Venezuela to allow for a transition to new leadership, and didn’t shy away from putting troops there.

He claimed that Maduro’s vice president, Delcy Rodriguez, is “essentially willing to do what we think is necessary to make Venezuela great again” and will take orders from the U.S.

“We’re going to have this done right,” he vowed. “We’re not going to just do this with Maduro then leave like everybody else—leave and say, you know, let it go to hell. If we just left, it has zero chance of ever coming back. We’ll run it properly. We’ll run it professionally.”

Venezuela has the...