Trump says Venezuela to transfer up to 50 million barrels of oil to US

Iklan
US President Donald Trump does a little dance after he delivered remarks at the House Republican Party member retreat at the Kennedy Center in Washington, DC, on Jan 6, 2026. - (Photo by Mandel Ngan / AFP)

"This oil will be sold at its market price and that money will be controlled by me, as President of the US, to ensure it is used to benefit the people of Venezuela and the US," he said.

WASHINGTON - US President Donald Trump said Tuesday that interim authorities in Venezuela had agreed to transfer between 30 and 50 million barrels of sanctioned oil to the US to be sold at market price, Anadolu Ajansi reported.

"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 statement via the Truth Social platform.

Iklan
Iklan

The president added that Energy Secretary Chris Wright had been asked to execute the plan "immediately," with the oil to be transported on storage ships directly to US unloading docks. - BERNAMA