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

U.S. President Trump signs executive orders at the Oval Office, in Washington
U.S. President Donald Trump speaks in the Oval Office as he signs an executive order recommending loosening the federal regulations on marijuana, at the White House in Washington, D.C., U.S., December 18, 2025. REUTERS/Evelyn Hockstein
Source: REUTERS

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

This article was produced by Reuters news agency. It has not been edited by Global South World.

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