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

By Thomson Reuters Jan 6, 2026 | 5:59 PM

Jan 6 (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.

(Reporting by Costas Pitas; editing by Kanishka ⁠Singh)