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Trump says Venezuela to turn over 30 to 50 million barrels of oil to US

Trump says Venezuela to turn over 30 to 50 million barrels of oil to US
US President Donald Trump addresses House Republicans at their annual issues conference retreat, at the Kennedy Center, renamed the Trump-Kennedy Center by the Trump-appointed board of directors, in Washington, DC, US, Jan 6, 2026.
PHOTO: Reuters

Venezuela will be "turning over" 30 to 50 million barrels of sanctioned oil to the United States, President Donald Trump said on Tuesday (Jan 6) in the aftermath of the toppling of Nicolas Maduro who was seized from his country by US 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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