
Trump says US to get 30 million to 50 million barrels of oil from Venezuela at market price
Key Points:
- President Donald Trump announced that Venezuela will supply 30 to 50 million barrels of oil to the U.S., with proceeds intended to benefit citizens of both countries, and the White House plans a meeting with major U.S. oil companies to discuss Venezuelan oil industry access.
- A recent U.S. military operation to capture Venezuelan leader Nicolás Maduro resulted in the deaths of at least 24 Venezuelan security officers and 32 Cuban military personnel, with several U.S. service members injured; Venezuela's government condemned the raid and vowed justice.
- Despite Venezuela's vast oil reserves, its production remains low compared to U.S. output, and geopolitical tensions persist, including territorial disputes involving ExxonMobil's operations near Guyana and accusations between Venezuela and neighboring




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