'Controlled by me’: Trump says Venezuela to send US up to 50 million barrels of oil; lays out plan

President Trump announced Venezuela's interim authorities will transfer 30-50 million barrels of sanctioned oil to the US. The crude will be sold at market prices, with proceeds controlled by the US government to benefit both nations. This move aims to leverage Venezuela's oil reserves, which have accumulated due to US sanctions.

'Controlled by me’: Trump says Venezuela to send US up to 50 million barrels of oil; lays out plan
President Trump announced Venezuela's interim authorities will transfer 30-50 million barrels of sanctioned oil to the US. The crude will be sold at market prices, with proceeds controlled by the US government to benefit both nations. This move aims to leverage Venezuela's oil reserves, which have accumulated due to US sanctions.