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Venezuela ‘turning over’ up to 50m barrels of oil to the US, Trump says The president’s announcement comes as Venezuela seeks to avoid deep cuts in output amid an ongoing blockade on exports imposed by the US Donald Trump has said Venezuela will be “turning over” 30 to 50m barrels of sanctioned oil to the US, as the South American country seeks to avoid deep cuts in output amid an ongoing blockade on exports imposed by Washington since mid-December. “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!” Trump said in a post online. Continue reading... https://www.theguardian.com/world/2026/jan/07/venezuela-oil-trump-us-latest?utm_source=dlvr.it&utm_medium=bluesky&CMP=bsky_gu