In a surprise announcement on January 6, 2026, former U.S. President Donald Trump stated via Truth Social that Venezuela's interim authorities plan to transfer 30-50 million barrels of sanctioned oil to the United States. The controversial post claimed the oil would be sold at market price, with Trump asserting he would personally control the proceeds as a 'public service.'
🚨 The proposal immediately sparked debate, with Trump framing it as a 'win-win' for both nations. Critics, however, questioned the legality and logistics of such a deal, given Venezuela's ongoing political tensions and U.S. sanctions framework. Energy analysts are scrambling to assess the potential impact on global oil markets.
💡 While details remain unclear, the announcement has already caused ripples in financial circles. 'This is geopolitical theater meets energy economics,' said Maria Chen, a commodities expert at Global Markets Watch. 'If implemented, it could reshape Latin America-U.S. relations overnight.'
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Trump says Venezuela will 'turn over' up to 50m barrels of oil to U.S.
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