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NEW YORK DAWN™ > Blog > Politics > Trump says US to get 30 million to 50 million barrels of oil from Venezuela at market value
Trump says US to get 30 million to 50 million barrels of oil from Venezuela at market value
Politics

Trump says US to get 30 million to 50 million barrels of oil from Venezuela at market value

Last updated: January 7, 2026 1:40 am
Editorial Board Published January 7, 2026
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By REGINA GARCIA CANO, AAMER MADHANI and MEGAN JANETSKY, Related Press

CARACAS, Venezuela (AP) — President Donald Trump mentioned Tuesday on his social media web site that “Interim Authorities” in Venezuela can be offering 30 million to 50 million barrels of “High Quality” oil to the U.S. at its market value, an announcement that got here after officers in Caracas introduced that not less than 24 Venezuelan safety officers have been killed within the dead-of-night U.S. army operation to seize Nicolás Maduro and spirit him to the USA to face drug prices.

Trump posted on Fact Social that the oil “will be taken by storage ships, and brought directly to unloading docks in the United States.” He mentioned the cash can be managed by him as president however it could be used to learn the individuals of Venezuela and the USA.

Individually, the White Home is organizing an Oval Workplace assembly Friday with oil firm executives concerning Venezuela, with representatives of Exxon, Chevron and ConocoPhillips anticipated to attend, in accordance with an individual accustomed to the matter who requested anonymity to debate the plans.

Earlier Tuesday, Venezuelan officers introduced the dying rely within the Maduro raid because the nation’s appearing president, Delcy Rodriguez, pushed again on Trump, who earlier this week warned she’d face an consequence worse than Maduro’s if she doesn’t “do what’s right” and overhaul Venezuela into a rustic that aligns with U.S. pursuits. Trump has mentioned his administration will now “run” Venezuela coverage and is urgent the nation’s leaders to open its huge oil reserves to American power firms.

Rodriguez, delivering an deal with Tuesday earlier than authorities agricultural and industrial sector officers, mentioned, “Personally, to those who threaten me: My destiny is not determined by them, but by God.”

Venezuela’s Lawyer Basic Tarek William Saab mentioned total “dozens” of officers and civilians have been killed within the weekend strike in Caracas and mentioned prosecutors would examine the deaths in what he described as a “war crime.” He didn’t specify if the estimate was particularly referring to Venezuelans.

Along with the Venezuelan safety officers, Cuba’s authorities had beforehand confirmed that 32 Cuban army and cops working in Venezuela have been killed within the raid. The Cuban authorities says the personnel killed belonged to the Revolutionary Armed Forces and the Ministry of the Inside, the nation’s two major safety companies.

Seven U.S. service members have been additionally injured within the raid, in accordance with the Pentagon. 5 have already returned to responsibility, whereas two are nonetheless recovering from their accidents. The accidents included gunshot wounds and shrapnel accidents, in accordance with a U.S. official who was not licensed to touch upon the matter publicly and spoke on the situation of anonymity.

A video tribute to the slain Venezuelan safety officers posted to the army’s Instagram account options faces of the fallen over black-and-white movies of troopers, American plane flying over Caracas and armored automobiles destroyed by the blasts. In the meantime, the streets of Caracas, abandoned for days following Maduro’s seize, briefly stuffed with lots of individuals waving Venezuelan flags and bouncing to patriotic music at a state-organized show of assist for the federal government.

“Their spilled blood does not cry out for vengeance, but for justice and strength,” the army wrote in an Instagram submit. “It reaffirms our unwavering oath not to rest until we rescue our legitimate President, completely dismantle the terrorist groups operating from abroad, and ensure that events such as these never again sully our sovereign soil.”

Trump grumbles about how Democrats reacted to the raid

Trump on Tuesday pushed again towards Democratic criticism of this weekend’s army operation, noting that his Democratic predecessor Joe Biden had additionally referred to as for the arrest of the Venezuelan chief on drug trafficking prices.

Trump in remarks earlier than a Home Republican retreat in Washington grumbled that Democrats weren’t giving him credit score for a profitable army operation, although there was bipartisan settlement that Maduro was not the rightful president of Venezuela.

In 2020, Maduro was indicted in the USA, accused in a decades-long narco-terrorism and worldwide cocaine trafficking conspiracy. White Home officers have famous that Biden’s administration in his ultimate days in workplace final 12 months raised the award for info resulting in Maduro’s arrest after he assumed a 3rd time period in workplace regardless of proof suggesting that he misplaced Venezuela’s most up-to-date election. The Trump administration doubled the award to $50 million in August.

“You know, at some point, they should say, ‘You know, you did a great job. Thank you. Congratulations.’ Wouldn’t it be good?” Trump mentioned. “I would say that if they did a good job, their philosophies are so different. But if they did a good job, I’d be happy for the country. They’ve been after this guy for years and years and years.”

With oil buying and selling at roughly $56 a barrel, the transaction Trump introduced late Tuesday may very well be price as a lot as $2.8 billion. The U.S. goes by a mean of roughly 20 million barrels a day of oil and associated merchandise, so Venezuela’s switch can be the equal of as a lot as two and a half days of provide, in accordance with the U.S. Vitality Info Administration.

Regardless of Venezuela having the world’s largest confirmed crude oil reserves, it solely produces on common about a million barrels day, considerably beneath the U.S. common day by day manufacturing of 13.9 million barrels a day throughout October.

What US opinion polls present

Individuals are break up in regards to the seize of Maduro — with many nonetheless forming opinions — in accordance with a ballot performed by The Washington Publish and SSRS utilizing textual content messages over the weekend. About 4 in 10 authorised of the U.S. army being despatched to seize Maduro, whereas roughly the identical share have been opposed. About 2 in 10 have been not sure.

Almost half of Individuals, 45%, have been against the U.S. taking management of Venezuela and selecting a brand new authorities for the nation. About 9 in 10 Individuals mentioned the Venezuelan individuals must be those to determine the long run management of their nation.

Maduro pleaded not responsible to federal drug trafficking prices in a U.S. courtroom on Monday. U.S. forces captured Maduro and his spouse early Saturday in a raid on a compound the place they have been surrounded by Cuban guards.

Within the days since Maduro’s ouster, Trump and prime administration officers have raised anxiousness across the globe that the operation may mark the start of a extra expansionist U.S. overseas coverage within the Western Hemisphere. The president in latest days has renewed his requires an American takeover of the Danish territory of Greenland for the sake of U.S. safety pursuits and threatened army motion on Colombia for facilitating the worldwide sale of cocaine, whereas his prime diplomat declared the communist authorities in Cuba is “in a lot of trouble.”

Colombia responds to Trump

Colombia’s International Affairs Minister Rosa Villavicencio mentioned Tuesday she’ll meet with the U.S. Embassy’s cost d’affaires in Bogota to current him with a proper criticism over the latest threats issued by the USA.

On Sunday, Trump mentioned he wasn’t ruling out an assault on Colombia and described its president, who’s been an outspoken critic of the U.S. strain marketing campaign on Venezuela, as a “sick man who likes making cocaine and selling it to the United States.”

Villavicencio mentioned she’s hoping to strengthen relations with the USA and enhance cooperation within the struggle towards drug trafficking.

“It is necessary for the Trump administration to know in more detail about all that we are doing in the fight against drug trafficking,” she mentioned.

In the meantime, the leaders of France, Germany, Italy, Poland, Spain and the UK on Tuesday joined Danish Prime Minister Mette Frederiksen in defending Greenland’s sovereignty. The island is a self-governing territory of the dominion of Denmark and thus a part of the NATO army alliance.

“Greenland belongs to its people,” the assertion mentioned. “It is for Denmark and Greenland, and them only, to decide on matters concerning Denmark and Greenland.”

Madhani reported from Washington and Janetsky from Mexico Metropolis. AP writers Josh Boak, Konstantin Toropin, Sagar Meghani, Isabel DeBre, Linley Sanders and Manuel Rueda contributed reporting.

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