Trump says Venezuela to turn over 30 to 50 million barrels of oil to US

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Thursday, 4 June 2026

Thursday, 4 June 2026

Venezuela will be "turning over" 30 to 50 million barrels of sanctioned oil to the United States, President Donald Trump said on Tuesday in the aftermath of the toppling of Nicolas Maduro who was seized from his country by U.S. forces over the weekend, The Daily Baku reports, citing Reuters.

"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!" Trump said in a social media post.

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