Trump says US controls 50 million barrels as Venezuela’s interim government commits oil supplies

Trump says US controls 50 million barrels as Venezuela’s interim government commits oil supplies

WASHINGTON, Jan 7 — US President Donald Trump said on Monday that Venezuela’s interim government has agreed to supply between 30 million and 50 million barrels of oil to the United States, with the proceeds to be overseen by him.

World
World

WASHINGTON, Jan 7 — US President Donald Trump said on Monday that Venezuela’s interim government has agreed to supply between 30 million and 50 million barrels of oil to the United States, with the proceeds to be overseen by him.

In a post on his Truth Social platform, Trump said the oil would be sold at market prices, adding that the revenue would be managed under his authority to ensure it benefits both Venezuela and the United States.

Protesters hold signs during a demonstration against U.S. military action in Venezuela on January 06, 2026 in Washington. — AFP pic

Latest

January 22, 2026
World
World
Japan suspends nuclear reactor startup following alarm triggered during operations.

TOKYO, Jan 22 — Japan has halted the restart of the world’s largest nuclear power plant just hours after it began, though the reactor remains “stable,” the operator said.

January 18, 2026
World
World
Taiwan’s Lin triumphs at India Open despite ‘dirty’ conditions

NEW DELHI, Jan 18 — Taiwan’s Lin Chun-yi captured the men’s singles title at the India Open today, overcoming not only his opponent but also controversial playing conditions that included bird droppings on court and even a monkey appearing in the stands.

January 18, 2026
World
World
Rescuers retrieve one body from Indonesian fisheries plane crash, nine remain missing

JAKARTA, Jan 18 — Indonesian authorities on Sunday confirmed they have located the wreckage of a fisheries surveillance aircraft that went missing in South Sulawesi, recovering the body of one of the 10 people on board, while nine others remain unaccounted for.