President Donald Trump just dropped an announcement that’s set to reshape energy ties with Venezuela and deliver a win for American interests. In a move that puts America first, Trump revealed that the interim Venezuelan authorities are handing over a massive stash of oil—anywhere from 30 to 50 million barrels—to the United States. This high-quality, previously sanctioned oil will hit the market at full price, but here’s the kicker: Trump himself will oversee how the cash from these sales gets spent.

“I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America,” Trump said in a Truth Social post.

“This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!”

To get this rolling fast, Trump has tapped Energy Secretary Chris Wright to handle the details right away. “I have asked Energy Secretary Chris Wright to execute this plan, immediately,” the president stated.

The oil shipment won’t drag on with complications—Trump plans to have it delivered straight to U.S. docks using storage ships.

This deal comes hot on the heels of the January 3 military takedown that ousted the tyrannical Nicolas Maduro.

The president has been vocal about inviting more U.S. oil giants back into the mix. He envisions American companies diving in to ramp up production in this resource-packed country, turning it from a socialist wreck into a thriving energy hub.

Just a day earlier, Trump floated the idea of the U.S. government stepping in to cover costs for American firms revitalizing Venezuela’s battered oil sector. It’s a practical strategy to jumpstart operations without leaving companies high and dry.

Speaking to NBC News, Trump expressed confidence in a quick turnaround. He believes U.S. firms could get the fields pumping again in as little as 18 months. “I think we can do it in less time than that, but it’ll be a lot of money,” Trump stated.

“A tremendous amount of money will have to be spent, and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue.”

Right now, Chevron stands as the lone major U.S. player that’s active in Venezuela.

Giants like ConocoPhillips and Exxon Mobil pulled out nearly two decades ago after Hugo Chávez seized their assets in a blatant nationalization grab.

Back in 2019, Trump took a firm stand by barring U.S. companies from dealing with Venezuela’s state-run oil outfit. The goal was simple: squeeze Maduro until he folded.

Then, in mid-December, Trump ramped it up with a blockade on oil tankers leaving Venezuelan ports. He even warned that any ships trying to sneak past would face seizure, sending a clear message of U.S. dominance in the region.

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