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Venezuela will turn over up to 50 million barrels of oil to US, I'll control the money: Trump
short by Bhawana Chaudhary / on Wednesday, 7 January, 2026
After capturing Venezuelan President Nicolas Maduro, US President Donald Trump said Venezuela will be turning over between 30 million and 50 million barrels of oil worth $2 billion to US. "This oil will be sold at its market price, and that money will be controlled by me," wrote Trump on Truth Social. Oil prices saw a decline after Trump's announcement.
read more at Firstpost