The country\u2019s interim authorities will send Washington 30-50 million barrels, the US president has claimed<\/p>\n
Venezuela will \u201cturn over\u201d 30 to 50 million barrels of \u201chigh quality, sanctioned oil\u201d to the US following Washington\u2019s raid on Caracas and kidnapping of Venezuelan leader Nicolas Maduro, President Donald Trump has claimed.
\nTrump wrote on Truth Social on Wednesday that the oil would be sold at market price and that \u201cthat money will be controlled by me, as President of the United States of America,\u201d adding he had asked Energy Secretary Chris Wright \u201cto execute this plan, immediately.\u201d He said the crude would be taken by storage ships and brought \u201cdirectly to unloading docks\u201d in the US to be \u201cused to benefit the people of Venezuela and the United States.\u201d
\nVenezuela, which holds the world\u2019s largest proven oil reserves at about 303 billion barrels, produces around 1.1 million barrels a day, a major drop from the late 2010s prior to when the country was targeted by crippling Western sanctions.
\nMeanwhile, Kirill Dmitriev, a senior Russian negotiator in the Ukraine settlement process, wrote on X: \u201cBuy Greenland with Venezuela oil? Innovative geopolitical M&A,\u201d in a post that referenced a Wall Street Journal report on Trump\u2019s renewed push to acquire the strategic island.<\/p>\n
READ MORE: US demanding Venezuela cut ties with Russia and China \u2013 ABC<\/p>\n
He also reposted a pun image evoking the iconic photo of American troops raising the US flag on Iwo Jima during World War II, swapping the banner for an oil-pump motif.<\/p>\n
https:\/\/t.co\/DcIaPBUbLj\u2014 Kirill Dmitriev (@kadmitriev) January 7, 2026 <\/p>\n
The announcement followed US strikes in Venezuela over the weekend and Maduro\u2019s abduction to stand trial in New York over drug trafficking charges he denies. Trump has since demanded \u201ctotal access\u201d to Venezuela’s oil as well as \u201cother things\u2026 that allow us to rebuild their country.\u201d The US president also said that Washington would \u201crun\u201d Venezuela \u201cuntil such time as a proper transition can take place.\u201d
\nVenezuelan acting President Delcy Rodriguez has vowed that her country \u201cwill never return to being the colony of another empire,\u201d but signaled openness to \u201ccooperation\u201d with Washington.<\/p>\n","protected":false},"excerpt":{"rendered":"
The country\u2019s interim authorities will send Washington 30-50 million barrels, the US president has claimed Venezuela will \u201cturn over\u201d 30 to 50 million barrels of \u201chigh quality, sanctioned oil\u201d to…<\/p>\n","protected":false},"author":1,"featured_media":25697,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-25696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-environment","category-politics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/25696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25696"}],"version-history":[{"count":0,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/25696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/media\/25697"}],"wp:attachment":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}