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Trump: Venezuela to Hand U.S. 50M Barrels of Oil

Trump Claims Venezuela to 'Turn Over' Oil to US After Military Operation

Washington D.C. - U.S. President Donald Trump stated that Venezuela would be "turning over" up to 50 million barrels of oil to the United States following a military operation aimed at removing President Nicolás Maduro from power, according to social media posts made public on [Date]. The oil, estimated to be worth approximately $2.8 billion (£2.1 billion), would be sold at market price, with Trump asserting he would control the funds generated.

Trump said that the money raised from the sale would be used to benefit both the people of Venezuela and the United States. This announcement came after Trump projected that the U.S. oil industry would be "up and running" in Venezuela within 18 months, anticipating significant investments flowing into the country.

Analysts previously told the BBC that the actual investment needed could reach tens of billions of dollars, potentially creating a drawn-out and complex process.

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This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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