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    Home - World - Venezuela will ship 30-50M barrels of oil to US, Trump says – Nationwide
    World

    Venezuela will ship 30-50M barrels of oil to US, Trump says – Nationwide

    Naveed AhmadBy Naveed AhmadJanuary 7, 2026No Comments8 Mins Read
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    Venezuela will ship 30-50M barrels of oil to US, Trump says – Nationwide
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    U.S. President Donald Trump stated Tuesday that Venezuela could be offering 30 million to 50 million barrels of oil to the U.S., and he pledged to make use of proceeds from the sale of this oil “to profit the folks” of each nations.


    Click to play video: 'Venezuela situation increasing pipeline approval pressure'

    2:05
    Venezuela scenario rising pipeline approval strain


    The White Home is organizing a gathering Friday with U.S. oil firm executives to debate Venezuela, which the Trump administration has been pressuring to open its vast-but-struggling oil trade extra extensively to American funding and know-how. Representatives of Exxon, Chevron and ConocoPhillips are anticipated to attend the White Home assembly, in keeping with an individual aware of the matter who requested anonymity to debate the plans.

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    Earlier Tuesday, officers in Caracas introduced that at the least 24 Venezuelan safety officers had been killed within the dead-of-night U.S. navy operation to seize Nicolás Maduro and spirit him to the US to face drug fees. And the nation’s appearing president, Delcy Rodriguez, pushed again on Trump, who earlier this week warned she’d face an final result worse than Maduro’s if she doesn’t “do what’s proper” and overhaul Venezuela into a rustic that aligns with U.S. pursuits, together with by granting entry to American power firms.

    Rodriguez, delivering an deal with Tuesday earlier than authorities agricultural and industrial sector officers, stated, “Personally, to those that threaten me: My future shouldn’t be decided by them, however by God.”

    Venezuela’s Lawyer Basic Tarek William Saab stated total “dozens” of officers and civilians had been killed within the weekend strike in Caracas and stated prosecutors would examine the deaths in what he described as a “struggle 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 navy and law enforcement officials working in Venezuela had 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 most important safety businesses.


    Click to play video: 'Poilievre pushes for pipeline approval amid uncertainty in Venezuela'

    2:05
    Poilievre pushes for pipeline approval amid uncertainty in Venezuela


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

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    A video tribute to the slain Venezuelan safety officers posted to the navy’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 crammed with lots of individuals waving Venezuelan flags and bouncing to patriotic music at a state-organized show of help for the federal government.

    “Their spilled blood doesn’t cry out for vengeance, however for justice and power,” the navy wrote in an Instagram put up. “It reaffirms our unwavering oath to not relaxation till we rescue our official President, utterly dismantle the terrorist teams working from overseas, and be certain that occasions equivalent to these by no means once more sully our sovereign soil.”


    Click to play video: 'Business Matters: Carney says Canadian oil will remain competitive'

    2:39
    Enterprise Issues: Carney says Canadian oil will stay aggressive


    With oil buying and selling at roughly US$56 a barrel, the transaction Trump introduced late Tuesday might be value as a lot as US$2.8 billion. The U.S. goes by a median of roughly 20 million barrels a day of oil and associated merchandise, so Venezuela’s switch could be the equal of as a lot as two and a half days of provide, in keeping with the U.S. Power Info Administration.

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    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 every day manufacturing of 13.9 million barrels a day throughout October.

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    The press workplace for Venezuela’s authorities didn’t instantly reply to a request for touch upon Trump’s announcement.

    ExxonMobil is creating a mammoth offshore oil deposit within the waters off Guyana, Venezuela’s neighbor to the east. The corporate’s main oil discovery in 2015 prompted Venezuela to revive a century-old territorial dispute with Guyana and take steps to annex the distant area generally known as Essequibo, which includes about two-thirds of Guyana’s land mass.

    The event has additionally led to wide-ranging accusations from Venezuela’s authorities, together with Rodríguez, towards Guyana’s leaders and ExxonMobil. Two years in the past, Venezuelan lawmakers even thought of banning any future operation in Venezuela of oil firms working in Guyana.


    Click to play video: 'Removal of Maduro is ‘welcome news,’ Carney says after U.S. capture'

    2:18
    Elimination of Maduro is ‘welcome information,’ Carney says after U.S. seize


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

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

    In 2020, Maduro was indicted in the US, accused in a decades-long narco-terrorism and worldwide cocaine trafficking conspiracy. White Home officers have famous that Biden’s administration in his remaining days in workplace final 12 months raised the award for data 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 US$50 million in August.

    “You recognize, in some unspecified time in the future, they need to say, ‘You recognize, you probably did an excellent job. Thanks. Congratulations.’ Wouldn’t or not it’s good?” Trump stated. “I’d say that in the event that they did a great job, their philosophies are so totally different. But when they did a great job, I’d be completely happy for the nation. They’ve been after this man for years and years and years.”

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    • Trump’s actions in Venezuela counsel Canada is ‘on the menu’: ex-UN envoy

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    Click to play video: 'Will the U.S. strike on Venezuela hit Canada’s oil industry?'

    1:58
    Will the U.S. strike on Venezuela hit Canada’s oil trade?


    Individuals are cut up concerning the seize of Maduro — with many nonetheless forming opinions — in keeping with a ballot carried out by The Washington Submit and SSRS utilizing textual content messages over the weekend. About 4 in 10 accepted of the U.S. navy being despatched to seize Maduro, whereas roughly the identical share had been opposed. About 2 in 10 had been uncertain.

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    Practically half of Individuals, 45 per cent, had been against the U.S. taking management of Venezuela and selecting a brand new authorities for the nation. About 9 in 10 Individuals stated the Venezuelan folks needs to be those to resolve the long run management of their nation.

    Maduro pleaded not responsible to federal drug trafficking fees 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 had been surrounded by Cuban guards.


    Click to play video: 'Poilievre vows to approve pipeline to west coast no matter who objects if he’s elected'

    1:38
    Poilievre vows to approve pipeline to west coast regardless of who objects if he’s elected


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

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    Colombia responds to Trump

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

    On Sunday, Trump stated 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 promoting it to the US.”

    Villavicencio stated she’s hoping to strengthen relations with the US and enhance cooperation within the combat towards drug trafficking.


    Click to play video: 'Clip from 2019 episode of ‘Jack Ryan’ goes viral after U.S. strike on Venezuela'

    1:07
    Clip from 2019 episode of ‘Jack Ryan’ goes viral after U.S. strike on Venezuela


    “It’s crucial for the Trump administration to know in additional element about all that we’re doing within the combat towards drug trafficking,” she stated.

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    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 navy alliance.

    “Greenland belongs to its folks,” the assertion stated. “It’s for Denmark and Greenland, and them solely, to resolve on issues regarding Denmark and Greenland.”






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