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January 7, 2026

Trump: Venezuela Will Give the U.S. Up to 50 Million Barrels of Oil
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President Trump says Venezuela will give between 30 and 50 million
barrels of oil - worth $2 billion - to the U.S. In a post on social
media, President Trump said, "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!" Reuters is reporting that the oil was
slated to be shipped to China but will be redirected to the U.S. China
has been Venezuela's top importer of crude oil over the past decade.


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