A macaw stands on a decorative oil drill in Caracas, Venezuela, on January 6, 2026.

A macaw stands on a decorative oil drill in Caracas, Venezuela, on January 6, 2026.
| Photo Credit: AP

Venezuela will be “turning ‍over” 30 to 50 ​million barrels of ‌sanctioned ​oil to the United States, President Donald Trump said on Tuesday (January 6, 2026) in the aftermath ​of the toppling of ⁠Nicolas Maduro who was seized from ​his country ⁠by U.S. forces over the weekend.

“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!” Mr. Trump ⁠said in a social media post. 


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