The Coffman Chronicle

The Coffman Chronicle

Trump Announces Venezuela Will Transfer 30–50M Barrels of Oil to U.S., Proceeds Under His Control

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Team Coffman Chronicle
Jan 07, 2026
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Venezuela gave Trump $500,000. What did he do with it? - Salon.com

President Donald Trump announced a major oil transfer plan involving Venezuela and the United States Tuesday, confirming that “interim authorities” in Venezuela will turn over between 30 and 50 million barrels of sanctioned oil to the U.S., a move he says will benefit both nations.

The claim immediately raised conflict at the intersection of geopolitics …

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