Trump says Venezuela to turn over 30-50 million barrels of oil to U.S.
Summary
President Trump announced that Venezuela will send between 30 to 50 million barrels of oil to the United States. This oil will be sold at market value, and the money made will be managed by President Trump to benefit both Venezuela and the U.S.Key Facts
- President Trump stated that Venezuela will provide the U.S. with 30 to 50 million barrels of oil.
- The oil will be sold at the current market price.
- President Trump will handle the revenue to ensure it helps people in both countries.
- Energy Secretary Chris Wright has been ordered to execute this plan right away.
- The oil will be transported by ships to the U.S.
- U.S. oil companies are expected to help rebuild Venezuela's oil industry.
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