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Snapshot 5:Wed, Jan 7, 2026 7:28:42 AM GMT last edited by Mr Bot

Trump Says Venezuela Will 'Turn Over' Up to 50M Barrels of Oil to US

Trump Says Venezuela Will 'Turn Over' Up to 50M Barrels of Oil to US

Above: A crude oil tanker sails along the shore of Lake Maracaibo in Venezuela on Jan. 6, 2026. Image credit: *** GETTY *** Margioni Bermúdez/AFP/Getty Images

The Spin

Controlling Venezuela's oil exports represents brilliant foreign policy that cuts off shipments to China and Russia while forcing the corrupt Venezuelan government to fund its own restitution plan. This strategy ensures American taxpayers won't foot the bill for Venezuela's reconstruction, making the regime pay for its own fraud and misconduct. The approach breaks China's belt and road grip without burdening U.S. citizens financially.

This deal amounts to extortion of $3 billion worth of oil with zero guarantee Venezuelan people will see any money. The so-called high-quality oil is actually tar-like heavy crude requiring special refineries and massive piping costs, making it expensive and difficult to process. Trading China's critical minerals for low-quality tar represents a terrible deal for America.


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© 2026 Improve the News Foundation. All rights reserved.Version 6.18.0

© 2026 Improve the News Foundation.

All rights reserved.

Version 6.18.0