Trump says Venezuela will be 'turning over' up to 50 million barrels of oil to US
![]() 8822 Wednesday, 07 January, 2026, 14:00 Trump posted on Truth Social on Tuesday: "I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. "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!" |

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