Trump says Venezuela to give up to 50 million barrels of oil to U.S. [View all]
Source: CNBC
Published Tue, Jan 6 2026 6:54 PM EST Updated 4 Min Ago
President Donald Trump said Tuesday evening that the interim authorities in Venezuela will be turning over between 30 million to 50 million barrels of oil to the United States.
Trump, in a social media post, said the oil will be sold at its market price, “and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!”
“I have asked Energy Secretary Chris Wright to execute this plan, immediately,” Trump wrote. “It will be taken by storage ships, and brought directly to unloading docks in the United States.” Trump said that the oil being turned over the U.S. was “high quality” and “sanctioned.”
The announcement came three days after U.S. forces captured Venezuela’s authoritarian leader Nicolas Maduro, and his wife in Caracas, and took them to New York, where they are charged in a federal drug-trafficking conspiracy indictment.
Read more: https://www.cnbc.com/2026/01/06/trump-venezuela-oil.html
He's sundowning. I expect they promised no such thing.
Article updated.
Original article -
President Donald Trump said on Tuesday evening that the interim authorities in Venezuela will be turning over between 30 million to 50 million barrels of oil to the United States.
Trump, who announced the transfer in a social media post, said the oil will be sold at its market price, “and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!”
“I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States,” Trump wrote.
The announcement came three days after U.S. forces captured Venezuela’s authoritarian leader Nicolas Maduro and his wife in Caracas, and took them to New York, where they are charged in a federal drug-trafficking conspiracy indictment.
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