Trump: US to Take, Sell Sanctioned Venezuelan Oil
President Donald Trump said Venezuela will soon turn over to the U.S. 30 million to 50 million barrels of sanctioned oil, which will be sold at market price. The money from those sales "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!" he said Jan. 6 in a Truth Social post.
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Trump said the barrels will be taken by tankers "directly to unloading docks in the United States," and the effort will be led by Energy Secretary Chris Wright.
The announcement comes days after the U.S. military captured Nicolas Maduro and brought him to the U.S. to face drug-trafficking-related charges (see 2601050056).