Trumps says US to receive 30–50 million barrels of oil from Venezuela at market rates | World News
With oil emerging as a central issue in Washington’s push on Caracas, US President Donald Trump on Tuesday said Venezuela would supply between 30 million and 50 million barrels of oil to the United States, adding that the proceeds would be used “to benefit the people” of both countries.
The White House is scheduled to meet US oil company executives on Friday to discuss Venezuela, as the Trump adminration steps up pressure on the country to open its vast but struggling oil sector to greater American investment and technical expertise.
Executives from Exxon, Chevron and ConocoPhillips are expected to attend the meeting, according to a person familiar with the plans who spoke on condition of anonymity. Earlier on Tuesday, officials in Caracas said at least 24 Venezuelan security personnel were killed during a late-night US military operation aimed at capturing President Nicolás Maduro and taking him to the United States to face drug trafficking charges.
Venezuela’s acting President, Delcy Rodríguez, rejected Trump’s remarks. Earlier this week, Trump warned that Rodríguez could face consequences “worse than Maduro’s” if she fails to “do what’s right”, a reference to reshaping Venezuela in line with US interests, including granting American energy companies greater access to the country’s oil industry.
