Trumps Official Portrait.webp
The Digest:

US President Donald Trump has stated that Venezuela’s interim government will deliver up to 50 million barrels of oil to the United States, with proceeds to be controlled by his administration. In a post on Truth Social, Trump said the oil would be sold at market price, and funds would be managed to benefit both Venezuelan and American interests.

Key Points:
  • Trump said Venezuela will provide 30–50 million barrels of oil to the US
  • The oil is described as “high quality” and previously under sanctions
  • Proceeds will be “controlled by me, as President,” Trump stated
  • Funds are intended to benefit both the Venezuelan and the US populations
  • The announcement follows recent US military intervention in Venezuela
  • Trump previously emphasized US access to Venezuelan oil as a strategic goal
  • The move signals deepening US economic and resource influence in Venezuela

Sources: Vanguard, Guardian