Former President Donald Trump announced that Venezuela will be turning over "30 and 50 million barrels of high quality, sanctioned oil" to the United States. The oil is to be sold at market price, with the financial proceeds reportedly controlled by Trump.
This announcement comes amid ongoing discussions regarding U.S.-Venezuela relations and the sanctions imposed on the Venezuelan oil industry. The specifics of the deal, including the timeline and logistics for the transfer of oil, have not been disclosed.
For further context on U.S. political dynamics, recent developments highlight ongoing tensions surrounding political events in the U.S.
Details regarding the Venezuelan government"s stance on this arrangement have yet to be clarified.
