The US president announced plan to acquire and sell between 30 and 50 million barrels of oil from Venezuela. Venezuela’s acting leader Delcy Rodriguez said her government, not a “foreign agent,” controls the country
Venezuela: Trump touts plan to get up to 50M barrels of oil
The US president announced plan to acquire and sell between 30 and 50 million barrels of oil from Venezuela. Venezuela’s acting leader Delcy Rodriguez said her government, not a “foreign agent,” controls the country.
A decorative oil drill in Caracas, Venezuela
Trump has long coveted Venezuela’s vast oil Reserve
Trump claims ‘interim auhtorities in Venezuela’ agreed to oil deal
Rodriguez says Venezuelan government still in control
Week of mourning announced for Venezuelan troops killed in US attack
White House says ‘mostly Cubans’ killed during US raid
Trump issues threats against Cuba, Colombia and Mexico following US capture of Maduro
Maduro and his wife pleaded not guilty during their first court appearance in New York on Monday, next hearing scheduled for March 17.
Venezuela: Trump touts plan to get up to 50M barrels of oil
The US president announced plan to acquire and sell between 30 and 50 million barrels of oil from Venezuela. Venezuela’s acting leader Delcy Rodriguez said her government, not a “foreign agent,” controls the country.
A decorative oil drill in Caracas, Venezuela
Trump has long coveted Venezuela’s vast oil Reserve
Trump claims ‘interim auhtorities in Venezuela’ agreed to oil deal
Rodriguez says Venezuelan government still in control
Week of mourning announced for Venezuelan troops killed in US attack
White House says ‘mostly Cubans’ killed during US raid
Trump issues threats against Cuba, Colombia and Mexico following US capture of Maduro
Maduro and his wife pleaded not guilty during their first court appearance in New York on Monday, next hearing scheduled for March 17
Keep reading for the latest developments following the capture of Venezuelan President Nicolas Maduro by US troops on Tuesday, 6 January, 2026:
Venezuela to release 30 to 50 million barrels of oil to US, Trump claims
Venezuela to release 30 to 50 million barrels of oil to US, Trump claims
US President Donald Trump has announced that “interim authorities in Venezuela will be turning over” between 30 to 50 million barrels of sanctioned oil to the US.
“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 wrote in a social media post.
He did not provide further details about the plan. Venezuelan officials did not immediately comment on the announcement.
Trump said the US plans to take control of Venezuela’s oil industry and have US oil companies revitalize it, although experts say it will take major investment to restore the country’s energy infrastructure.-DW
