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Snapshot 7:Wed, Jan 7, 2026 9:22:32 AM GMT last edited by JoseMoura

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


ThisThe dealpeople amountsof toVenezuela extortionwill never see any of the up to $3 billion worth of oil withas zeroTrump guaranteewill Venezuelancontrol peoplethe willmoney, seeespecially anyas moneythe DOGE refund check never came to existence. TheEven so-calledmore high-qualityconcerning oil is actuallythat the U.S. has extorted Venezuela for tar-like heavy crude requiringthat specialis refineriesexpensive and massivedifficult pipingto costs,process making it expensive and difficultsurely tonot process.high-quality Trading China'swhile criticalcreating mineralsprecedent for low-qualityChina tarto representsseize acritical terribleminerals dealin forits Americaown hemisphere.

ControllingThis Venezuela'sis oila exports represents brilliant foreign policy that cutsmakes offVenezuela's shipmentscorrupt toregime-linked Chinainterim andauthorities Russiapay whilecivil forcingrestitution thefor corrupttheir Venezuelanown governmentwrongdoing, toproviding fundshort-term itsfunding ownfor restitutiona plan. Thisto strategyreconstruct ensuresthe Americancountry taxpayersand won'tbenefit foot the billpeople forof Venezuela's. reconstructionFurthermore, makingthis thetransfer regimeis payset forto itsdisrupt ownshipments fraudto China and misconduct.Russia, Thefurther approachbreaking breaks ChinaBeijing's beltinfluence andover road grip without burdening UVenezuela.S. citizens financially.


Metaculus Prediction

There's a 40% chance that the U.S. will invade Venezuela before Jan. 20, 2029, according to the Metaculus prediction community.


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© 2026 Improve the News Foundation. All rights reserved.Version 7.4.1

© 2026 Improve the News Foundation.

All rights reserved.

Version 7.4.1