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Trump: Venezuela to turn over 30-50 million barrels of oil to U.S.

President Trump on Tuesday said that Venezuelan interim authorities will "be turning over" between "30 and 50 MILLION" barrels of oil to the U.S.

The big picture: Trump said on Truth Social the sanctioned oil will be sold at market price, and the resulting revenue will be controlled "by me, as President of the United States" to "ensure it is used to benefit the people of Venezuela and the United States!" — without elaborating further.


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