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

President Donald Trump has announced that Venezuela will transfer between 30 million and 50 million barrels of oil to the United States following a military operation that ousted President Nicolás Maduro. According to Trump, the interim government in Venezuela will hand over what he referred to as "sanctioned oil," which will be sold at market value with the proceeds managed by the United States. He emphasized that the funds generated would be used to support both Venezuelan and American citizens. Energy Secretary Chris Wright has been tasked with implementing this plan immediately. The oil is set to be transported on storage ships and delivered directly to U.S. unloading docks. Trump expressed his satisfaction with the arrangement, stating that he is pleased the interim authorities in Venezuela have agreed to turn over millions of barrels of high-quality crude oil. He added that the sale revenue will be strictly overseen by him, in his capacity as President, to ensure it benefits the people of both nations.

He directed Energy Secretary Wright to take swift action to execute the plan and reiterated that the oil shipments would go directly to the United States for processing. This announcement follows the swearing-in of Delcy Rodríguez, previously Venezuela's vice president, as interim president after Maduro was apprehended and brought to the U.S. to face charges related to drug trafficking and weapons offenses. In an interview with NBC News on Monday, Trump highlighted the strategic importance of Venezuela resuming oil production for global markets, stating it helps maintain lower prices for energy in the United States.