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James Mitchell•01/08/2026
"Breaking: U.S. Energy Secretary reveals plans to transfer 50 million barrels of Venezuelan oil. Discover the implications for the U.S. market and energy strategy."
Video: U.S. Energy Secretary states he is "working directly in cooperation with the Venezuelans" to execute a plan to turn over up to 50 million barrels of sanctioned oil to the U.S. He emphasizes, "We're going to get that crude moving again and sell it just like we did in our businesses."
Essential facts: U.S. Energy Secretary, cooperation with Venezuela, transfer of 50 million barrels of oil, January 7, 2026.