{"id":116056,"date":"2026-01-06T20:00:25","date_gmt":"2026-01-07T01:00:25","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-announces-venezuela-turning-over-millions-of-barrels-of-oil-to-us-government-immediately-116056"},"modified":"2026-01-06T20:00:25","modified_gmt":"2026-01-07T01:00:25","slug":"trump-announces-venezuela-turning-over-millions-of-barrels-of-oil-to-us-government-immediately","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-announces-venezuela-turning-over-millions-of-barrels-of-oil-to-us-government-immediately-116056","title":{"rendered":"Trump announces Venezuela turning over millions of barrels of oil to US government ‘immediately’"},"content":{"rendered":"
\n

President Donald Trump<\/a> announced on Tuesday that the interim authorities in Venezuela will be turning over between 30 and 50 million barrels of “high quality,” sanctioned oil to the U.S.<\/p>\n

The move comes after U.S. forces on Saturday captured Venezuelan dictator Nicol\u00e1s Maduro and his wife, hauling them to New York City to face criminal drug charges.<\/p>\n

Trump said the oil will be sold<\/a> at market price, and he will control the proceeds to ensure it is “used to benefit the people of Venezuela and the United States!”\u00a0<\/p>\n

The oil will be transported directly to unloading docks in the U.S. via storage ships, the president said.<\/p>\n

TRUMP OUSTING OF MADURO DRAWS PARALLELS TO US RAID IN PANAMA \u2013 BUT THERE ARE SOME MAJOR CONTRASTS<\/strong><\/a><\/p>\n

Energy Secretary Chris Wright has been tasked with executing the plan, “immediately.”<\/p>\n

Following strikes on the capital and Maduro’s subsequent capture, Trump said the U.S. will run Caracas, Venezuela<\/a>, until a safe transition can occur, warning he was “ready to stage a second and much larger attack” on Caracas if needed.<\/p>\n

In an interview with MS NOW host Joe Scarborough<\/a> on Tuesday, Trump said the difference between the disaster in Iraq and the recent action in Venezuela was that former President George Bush “didn\u2019t keep the oil.”<\/p>\n

TRUMP EMBRACES US INTERVENTION IN VENEZUELA, OPENS DOOR TO BROADER LATIN AMERICA PUSH<\/strong><\/a><\/p>\n

“We\u2019re going to keep the oil,” Scarborough said, quoting Trump. “We\u2019re going to rebuild their broken-down oil facilities, and this time we\u2019re going to keep the oil.”<\/p>\n

Venezuela holds more than 300 billion barrels of proven oil reserves, nearly quadruple those of the U.S.<\/p>\n

Though the country in the late 1990s was capable of pumping about 3.5 million barrels a day, mismanagement, corruption<\/a> and the rising cost of extraction caused production to fall to roughly 800,000 barrels a day, according to energy analytics firm Kpler.<\/p>\n

SWITZERLAND IMPOSES 4-YEAR ASSET FREEZE LINKED TO MADURO, ASSOCIATES FOLLOWING VENEZUELAN LEADER’S CAPTURE<\/strong><\/a><\/p>\n

Trump said he plans to mobilize major U.S. oil companies to invest billions<\/a> in fixing Venezuela’s broken oil infrastructure.<\/p>\n

“We are going to have our very large United States oil companies go in, spend billions of dollars, fix the badly broken oil infrastructure and start making money for the country,” Trump said.<\/p>\n

American firms have not yet confirmed plans to return to Venezuela.<\/p>\n

Fox News Digital’s Amanda Macias contributed to this report.<\/i><\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/trump-announces-venezuela-turning-over-millions-barrels-oil-us-government-immediately <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump announced on Tuesday that the interim authorities in Venezuela will be turning over between 30 and 50 million barrels of “high quality,” […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-116056","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nTrump announces Venezuela turning over millions of barrels of oil to US government 'immediately' - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/trump-announces-venezuela-turning-over-millions-of-barrels-of-oil-to-us-government-immediately-116056\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump announces Venezuela turning over millions of barrels of oil to US government 'immediately' - 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