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Trump: Venezuela Will Transfer 30 Million to 50 Million Barrels of Oil to the United States (US), Sale Proceeds Will Be Supervised by Me

CCTV 2026-01-07 09:06:33

According to CCTV News, on January 6th local time, U.S. President Trump announced that the interim government of Venezuela would transfer 30 to 50 million barrels of oil to the United States. This oil will be sold at market price, and the proceeds will be managed by Trump to ensure that the funds are used to "benefit the people of Venezuela and the people of the United States."

Trump stated that he has instructed Energy Secretary Chris Wright to immediately implement this plan. The oil will be loaded onto tankers and directly transported to the U.S. unloading terminals.

Currently, Venezuela has not made an official statement on this matter.

On January 3rd, the United States launched a large-scale military strike against Venezuela, storming the capital Caracas and forcibly detaining President Maduro and his wife, transferring them out of the country. On the same day, Trump stated that the U.S. would "manage" Venezuela until a "safe" transition is implemented.

Subsequently, Trump also stated that he would allow large American oil companies to invest in Venezuela to rebuild the oil infrastructure and "create profits" for the U.S. This remark further reveals the U.S. intention to meddle in Venezuela's oil resources. Sources have disclosed that...Trump plans to convene executives from major U.S. oil companies on the 8th to discuss increasing Venezuelan oil production.

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