Trump says Venezuela will purchase American products with revenue from oil deal
The U.S. will sell 30–50 million barrels of Venezuelan oil and use revenues to buy American goods, aiming to stabilize Venezuela and limit rival nations' influence.
- On Jan 8, President Donald Trump’s administration said it will dictate decisions to Venezuela's interim leaders and control Venezuela’s oil sales after toppling Nicolas Maduro.
- Following the Saturday operation, U.S. officials said US special forces captured Nicolas Maduro and seized two oil tankers on Wednesday, including a Russian-linked vessel pursued to the North Atlantic.
- US Energy Secretary Chris Wright said the US will market Venezuela's crude and President Donald Trump said Venezuela will turn over between 30 million and 50 million barrels of oil to the US.
- Venezuelan officials responded that `no foreign agent` is governing the country, asserting `The government of Venezuela is in charge in our country, and no one else`, while Washington relies on a naval blockade and plans a Friday meeting with U.S. oil company executives.
- The administration plans to control Venezuela's oil sales, with revenues deposited into US-controlled bank accounts and oil sold at market price, to benefit both countries, said US Energy Secretary Chris Wright.
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Trump says ‘Venezuela is going to be purchasing ONLY American made products’ with new oil deal money
Trump announced that Caracas will spend its oil‑deal revenue exclusively on US goods. He described Venezuela’s commitment to the United States as its “principal partner” as a wise choice benefiting both countries.
Trump wants to quickly bring Venezuelan oil to the US market - but Chevron, Exxon & Co. first demand legal and financial guarantees before pumping billions into the maraudous infrastructure. US President can hardly ignore the demands of the oil multinationals.
'Not a good deal': Trump upends world order for 'tar-like sludge' while China makes off with the riches
Appearing on a January 6, 2026, episode of Call to Activism with Joe Gallina, Oregon Senator Jeff Merkley broke down President Donald Trump’s Venezuela policy, warning that the United States is destabilizing the global order to secure oil that is costly, difficult to refine, and of inferior quality, while China continues to consolidate control over far more valuable resources. “This heavy, tar-ish oil that comes out of Venezuela — it is not very…
Trump overseeing 'rogue state' that 'demands compliance' from the world: columnist
Donald Trump is overseeing a "rogue state" administration which "demands compliance" from countries all over the world, a political analyst has suggested. The president's desire to take over Greenland and run the oil refineries in Venezuela has prompted columnist Aditya Chakrabortty to suggest Trump...
Trump says Venezuela will only purchase American-made products
The US Department of Energy had earlier stated that it will control sales of Venezuelan oil “indefinitely.” The post Trump says Venezuela will only purchase American-made products appeared first on Premium Times Nigeria.
Venezuela's new oil revenues to be spent solely on US goods
President Donald Trump on Wednesday announced that the proceeds from his country's future oil purchases from Venezuela under caretaker President Delcy Rodríguez will be spent entirely on US-made products, making Washington Caracas' new main trading partner instead of Moscow, Beijing, or Tehran.
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