Business & Economics
Trump Orders Immediate Transfer of 30–50 M Barrels of Venezuelan Crude to U.S. After Maduro Ouster
Days after U.S. forces captured Nicolás Maduro, President Trump announced that Venezuela’s interim government will hand over up to 50 million barrels of oil to the U.S. under his direct control.
Focusing Facts
- Trump’s 7 Jan 2026 statement specifies a tranche of “30–50 million barrels” of Venezuelan crude to be shipped “immediately” to U.S. docks.
- Energy Secretary Chris Wright is meeting Chevron, ExxonMobil and ConocoPhillips this week in Miami to discuss multibillion-dollar repairs to Venezuela’s fields, with U.S. taxpayers potentially reimbursing costs.
- Trump demanded interim president Delcy Rodríguez expel China, Russia, Iran and Cuba and partner “exclusively” with the U.S. on future oil projects.
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Perspectives in this article
- Right leaning media
- Left leaning media
- Business-focused financial press