January 7, 2026 8:22 AM January 7, 2026 8:22 AM
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President Trump announces Venezuela to transfer 30-50 million barrels of sanctioned oil to US
US President Donald Trump has said Venezuela’s interim authorities will transfer between 30 million and 50 million barrels of sanctioned oil to the United States, describing the plan as mutually beneficial for both countries. In a social media post, Mr Trump said the oil would be sold at market pr...