LIVE: Trump says Venezuela to hand over up to 50m barrels of oil to US

Al JazeeraCenterEN 1 min read 100% complete by Nils AdlerJanuary 7, 2026 at 06:45 AM
LIVE: Trump says Venezuela to hand over up to 50m barrels of oil to US

AI Summary

short article 1 min

In January 2026, US President Trump announced an agreement where Venezuela will transfer 30-50 million barrels of oil to the United States. This announcement came days after the abduction of Venezuelan President Nicolas Maduro. According to Trump, the US will control the sale of this oil. He stated that the proceeds from the oil sales will benefit both the people of Venezuela and the United States. A Venezuelan representative, Rodriguez, asserted that no foreign agent is in control of Venezuela.

Keywords

oil 100% venezuela 90% us 80% oil sales 70% trump 60% abduction 50% nicolas maduro 40%

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Al Jazeera
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