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Home » US to get oil from Venezuela at market price: Trump
WORLD

US to get oil from Venezuela at market price: Trump

AgencyBy AgencyJanuary 8, 2026No Comments
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Washington,  Jan 8: US President Donald Trump has said on his social media site that “Interim Authorities” in Venezuela would be providing 30 million to 50 million barrels of “High Quality” oil to the US at its market price.
The announcement on Tuesday came after officials in Caracas announced that at least 24 Venezuelan security officers were killed in the dead-of-night US military operation to capture Nicolás Maduro and spirit him to the United States to face drug charges.
Trump posted on Truth Social that the oil “will be taken by storage ships, and brought directly to unloading docks in the United States.” He said the money would be controlled by him as president but it would be used to benefit the people of Venezuela and the United States.
Separately, the White House is organising an Oval Office meeting Friday with oil company executives regarding Venezuela, with representatives of Exxon, Chevron and ConocoPhillips expected to attend, according to a person familiar with the matter who requested anonymity to discuss the plans.
Earlier Tuesday, Venezuelan officials announced the death count in the Maduro raid as the country’s acting president, Delcy Rodriguez, pushed back on Trump, who earlier this week warned she’d face an outcome worse than Maduro’s if she does not “do what’s right” and overhaul Venezuela into a country that aligns with US interests. Trump has said his administration will now “run” Venezuela policy and is pressing the country’s leaders to open its vast oil reserves to American energy companies.
Rodriguez, delivering an address Tuesday before government agricultural and industrial sector officials, said, “Personally, to those who threaten me: My destiny is not determined by them, but by God.” Venezuela’s Attorney General Tarek William Saab said overall “dozens” of officers and civilians were killed in the weekend strike in Caracas and said prosecutors would investigate the deaths in what he described as a “war crime.” He didn’t specify if the estimate was specifically referring to Venezuelans.
In addition to the Venezuelan security officials, Cuba’s government had previously confirmed that 32 Cuban military and police officers working in Venezuela were killed in the raid. The Cuban government says the personnel killed belonged to the Revolutionary Armed Forces and the Ministry of the Interior, the country’s two main security agencies.
Seven US service members were also injured in the raid, according to the Pentagon. Five have already returned to duty, while two are still recovering from their injuries. The injuries included gunshot wounds and shrapnel injuries, according to a US official who was not authorised to comment on the matter publicly and spoke on the condition of anonymity.
US to get oil from Venezuela at market price: Trump
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