Trump: Venezuela Giving US 30M-50M Barrels of Oil

Donald Trump,The Americas,Energy,Oil,Venezuela

Posted on AllSides January 7, 2026

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President Donald Trump said Tuesday that Venezuela is turning over 30 million to 50 million barrels of oil to the United States, with proceeds he said will benefit both the Venezuelan people and Americans.

Trump made the announcement in a post on Truth Social, just days after he authorized U.S. military action to remove socialist strongman Nicolas Maduro from power in Venezuela.

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