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Trump says Venezuela to give up to 50 million barrels of oil to U.S.

President Trump announced that 30 to 50 million barrels of Venezuelan oil will be sold at market price with proceeds controlled by the U.S., directed by Energy Secretary Chris Wright.

  • President Donald Trump said Venezuela's interim authorities will sell 30 million to 50 million barrels of oil to the United States at market prices.
  • The announcement follows the capture of Venezuela President Nicolás Maduro and his wife, who face charges of narco-terrorism.
  • Trump said his administration will "run" Venezuela and pressure its leaders to open oil reserves to American energy companies.
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Recently, the government of Donald Trump announced the sale of Venezuelan oil to American refiners, on the order of about 30 and 50 million barrels of crude oil, but without specifying in what period of time these dispatches would take place. It also transcended in international media the apparent shipment of 11 ships to Venezuela, by the US Chevron, in order to load Venezuelan crudes destined for the United States. These announcements are made …

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estrategia.la broke the news in on Monday, January 5, 2026.
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