Trump Says Venezuela to Turn Over 30 to 50 Million Barrels of Oil to US
U.S. President Donald Trump speaks during a meeting with Israeli Prime Minister Benjamin Netanyahu and their respective delegations at Trump's Mar-a-Lago club in Palm Beach, Florida, U.S., December 29, 2025. (Reuters/Jonathan Ernst)
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Venezuela will be “turning over” 30 to 50 million barrels of sanctioned oil to the United States, President Donald Trump said on Tuesday in the aftermath of the toppling of Nicolas Maduro who was seized from his country by U.S. forces over the weekend.
“This 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!” Trump said in a social media post.
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(Reporting by Costas Pitas; editing by Kanishka Singh)
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