Cyprus Times

Venezuela to 'Deliver' Up to 50 Million Barrels of Oil to US, Says Trump

Published January 7, 2026, 08:11
Venezuela to 'Deliver' Up to 50 Million Barrels of Oil to US, Says Trump

Donald Trump announced that Venezuela will 'deliver' between 30 and 50 million barrels of oil to the US, which is subject to sanctions. According to Trump, the revenue from the sale of the oil will be controlled by him and used to benefit the people of Venezuela and the US. The announcement was made via Truth Social and there are currently no further details regarding the terms of the agreement.

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