US President Trump said that the Venezuelan interim government will “hand over” sanctioned crude oil worth billions of dollars to the US. Trump said in a post on the “Truth Social” platform that the US plans to sell the oil at market prices — between 30 million and 50 million barrels, adding that he will personally control the proceeds to ensure that it is used “to benefit the people of Venezuela and the American people.” Trump said he has instructed Energy Secretary Chris Wright to develop the plan “immediately” and that the sanctioned crude oil will “be delivered directly to the US unloading terminal.”

US President Trump said that the Venezuelan interim government will “hand over” sanctioned crude oil worth billions of dollars to the US. Trump said in a post on the “Truth Social” platform that the US plans to sell the oil at market prices — between 30 million and 50 million barrels, adding that he will personally control the proceeds to ensure that it is used “to benefit the people of Venezuela and the American people.” Trump said he has instructed Energy Secretary Chris Wright to develop the plan “immediately” and that the sanctioned crude oil will “be delivered directly to the US unloading terminal.”