Trump says Venezuela to give up to 50 million barrels of oil to U.S.

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. 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! I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter! DONALD J. TRUMPPRESIDENT OF THE UNITED STATES OF AMERICA

| Getty Images Oil sales from Venezuela will continue indefinitely and U.S. sanctions will be reduced, sources close to the White House told CNBC’s Brian Sullivan on Wednesday. President Donald Trump said Tuesday that Venezuela will turn over 30 million to 50 million barrels of sanctioned oil, which will be sold at market prices. But those 50 million ...

ATLANTIC STANDOFF: US TARGETS RUSSIAN TANKER IN SANCTIONS CLASH The US is moving to seize the Russian-flagged oil tanker Marinera (ex-Bella-1) after a two-week pursuit tied to sanctions-evading Venezuelan crude shipments. Key context: • Over 300 tankers linked to Venezuela… pic.twitter.com/J4F2dmltGN US begins operation to seize Venezuela-linked oil tanker The US has begun an operation to seize an oil tanker linked to Venezuela after tracking it across the Atlantic, a source with knowledge of the operation told CNN on Wednesday. Originally called the Bella 1, the tanker was sanctioned by the US in 2024 for operating within a “shadow fleet” of tankers transporting illicit oil. The US Coast Guard tried to seize the tanker last month when it was near Venezuela, but US forces were unable to board it after the ship turned around and fled. News of the operation was first reported by Reuters, which quoted two sources as saying the operation as being carried out by the Coast Guard and US military.