Venezuela “will be turning over” up to 50m barrels of oil to the US – Trump admits military operation to depose Nicolas Maduro was in part, to extract some of Venezuela’s oil
‘I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 Million Barrels of High Quality, Sanctioned Oil, to the United States of America’ – Donald Trump
Donald Trump announced a deal with the Venezuelan regime to give the United States 30 to 50 million barrels of oil
The US president has openly stated that the military operation to depose leader Nicolas Maduro this past weekend was, in part, an attempt to extract some of Venezuela’s stock
Removing Maduo, US installed his Vice President, Delcy Rodriguez, who also served as Minister of Petroleum and Hydrocarbons, as Acting President
Trump also announced that he will be in control of the money made off sales of the oil

President Donald Trump announced a deal with the Venezuelan regime to give the United States 30 to 50 million barrels of oil, openly admitting US military operation to depose leader Nicolas Maduro was, in part, an attempt to extract some o Venezuela’s oil
President Donald Trump announced a deal with the Venezuelan regime to give the United States 30 to 50 million barrels of oil.
The president has openly stated that the military operation to depose leader Nicolas Maduro this past weekend was, in part, an attempt to extract some of oil-rich Venezuela’s stock.
‘I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America,’ he posted to Truth Social.
‘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 has placed Energy Secretary Chris Wright in charge of executing the plan which is scheduled to begin immediately.
‘It will be taken by storage ships and brought directly to unloading docks in the United States,’ he wrote.

Trump has openly stated that the recent operation by the US military which ousted President Nicolas Maduro this past weekend was, in part an attempt to extract some of the country’s oil stock
Trump also announced that he will be in control of the money made off sales of the oil.
In a separate measure, the White House is organizing an Oval Office meeting Friday with oil company executives regarding Venezuela, with representatives of Exxon, Chevron and ConocoPhillips expected to attend, according to some sources.
Trump said Monday it will cost ‘a lot of money’ to rebuild the South American country’s energy infrastructure but thinks the US can do it ahead of that 18-month timeline.
However, he added that the American taxpayers may be on the hook for it, as the oil companies may receive assistance to do so.
‘I think we can do it in less time than that, but it’ll be a lot of money,’ he told NBC News.
‘A tremendous amount of money will have to be spent, and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue.’

The Trump administration kicked off the plot to take down Maduro with bombing scores of vessels, allegedly tied to drug smuggling, towards the end of 2024. It culminated with an embargo against Venezuelan oil and seizures of vessels transporting crude

Trump also told NBC News that the project could take the next 18 months before Venezuelans elect a new president.
‘We have to fix the country first. You can’t have an election. There’s no way the people could even vote,’ Trump said.
‘No, it’s going to take a period of time. We have — we have to nurse the country back to health.’
Venezuela holds 303 billion barrels of proven oil – nearly a fifth of the global total – most of it heavy, sour crude locked in the Orinoco Belt.
Yet years of mismanagement, corruption, and US sanctions have slashed production from 3.5million to 1.1 million barrels per day, less than 1 percent of global supply.

According to sources, the White House is organizing an Oval Office meeting this week with oil company executives regarding Venezuela
The Trump administration has made clear that oil sits at the center of Washington’s Venezuela strategy, after the sensational arrest of Maduro. Chevron is expected to gain first access, with ExxonMobil and ConocoPhillips promised future contracts.
The power play in Venezuela undoubtedly powered by big oil politics Political risks remain huge.
Venezuela’s newly installed Acting President Delcy Rodriguez, 56, previously served as Maduro’s Minister of Petroleum and Hydrocarbons. Though helped to power after U.S. determined that top members of the regime, including Delcy Rodríguez, were best positioned to lead a stable government if Nicolás Maduro lost power.

However, Rodriguez a hardline socialist and long-term Maduro ally, has already made threats against Trump’s interference
As the former Vice President, now Acting Venezuelan President Delcy Rodriguez is asserting herself as a power broker in Caracas, Maduro loyalists are contesting US authority.
International lawyers are questioning the legality of Washington’s intervention, while leaders in Mexico, Colombia and Brazil have branded it destabilizing.
Long term Venezuela allies China and Russia are watching closely. Both have deep strategic interests in Venezuelan oil. Any redirection of exports away from Beijing and toward the US Gulf Coast could reshape global energy flows.
Trump said on Saturday that an ‘oil embargo’ on Venezuela was in full force, adding that under an incoming transition Venezuela’s largest customers, including China, would keep receiving oil.
Speaking to NBC News Donald Trump signaled that he could launch a second military operation into Venezuela if its acting president stops cooperating.
U.S. may subsidize an effort by oil firms to rebuild the country’s energy infrastructure Trump
Captured in last week’s surprise attack and spirited from Caracas to the US, ousted President Nicolas Maduro and First Lady, Cilia Flores, have pled not guilty to cocaine conspiracy charges in a New York court: “I am a prisoner of war,” Maduro said.


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