Trump: U.S. to get 30 million to 50 million barrels of oil from Venezuela at market price
Summary
President Donald Trump announced that Venezuela will provide 30 million to 50 million barrels of oil to the U.S. The U.S. government plans to discuss American investment in Venezuela's oil industry at an upcoming White House meeting with major U.S. oil companies. Recent tensions between the U.S. and Venezuela also include a military operation to capture former Venezuelan leader Nicolás Maduro.Key Facts
- President Trump stated the U.S. will receive 30 million to 50 million barrels of oil from Venezuela.
- Proceeds from this oil will benefit people in both the U.S. and Venezuela, according to Trump.
- A meeting at the White House is scheduled to discuss American investment in Venezuela's oil industry.
- Executives from Exxon, Chevron, and ConocoPhillips are expected to attend this meeting.
- The Trump administration wants Venezuela to open its oil industry to more American investment.
- A U.S. military operation led to the capture of Nicolás Maduro with 24 Venezuelan security officers losing their lives.
- Acting Venezuelan President Delcy Rodriguez was warned by Trump to align Venezuela with U.S. interests.
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