Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Pragati Portal is a symbol of New India’s New Work Culture: Chief Minister Shri Vishnu Deo Sai
    • Chief Minister Shri Vishnu Deo Sai to release the 24th installment of Mahtari Vandan Yojana from Narayanpur
    • Somi Ali’s Throwback: Sanjay Dutt’s Grounded Stardom
    • Gujarat Voter Cleanup: 17L Apps for Additions and Deletions in SIR
    • Bihar Updates Land Rules: PAN Card Must for 10L+ Deals Today
    • End Leprosy Stigma: India’s Fight on Awareness Day
    • Smriti Mandhana Reveals RCB’s Key Final Motivation
    • Rasha Thadani Debuts as Singer with Shiva Devotional ‘Chhap Tilak’
    Facebook X (Twitter) Instagram
    Report Wire
    • World
    • India
      • Chhattisgarh
      • Jharkhand
      • Bihar
    • Entertainment
    • Sports
    • Tech
    • Business
    • Health
    Report Wire
    Home»World»Trump’s Big Oil Win: 50M Barrels from Venezuela Head to US

    Trump’s Big Oil Win: 50M Barrels from Venezuela Head to US

    World January 7, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Trump’s Big Oil Win: 50M Barrels from Venezuela Head to US
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A game-changing oil pact is in the works, with President Trump confirming Venezuela will deliver 30-50 million barrels of sanctioned crude to America. In his characteristic direct style on Truth Social, Trump called it a boon for ordinary folks in both nations.

    The oil hits the market at prevailing prices, and Trump is taking no chances—personally supervising revenue allocation for public good. He’s tasked Energy Secretary Chris Wright with rapid execution, involving storage ships for seamless U.S. delivery.

    This comes amid fresh developments: U.S.-led operations captured Maduro, ushering in a new era where America calls the shots on Venezuelan energy and beyond.

    Venezuela’s untapped reserves are legendary, but production woes from sanctions and neglect have crippled output. Perfect for U.S. Gulf refiners craving heavy oil, this shipment could sideline supplies to China and revive old trade routes.

    Once a key supplier to India until sanctions bit in 2019, Venezuela’s redirection might ease global pressures or spark price swings—critical for Asia’s energy guzzlers now leaning on diverse sources.

    Trump positions this as a dual-purpose strategy: economic windfall plus a blow to illicit networks, paving the way for lasting peace. With swift rollout ahead, expect this to dominate headlines as a testament to assertive U.S. diplomacy.

    50 Million Barrels Deal Energy Secretary Wright Global Oil Market Shift Maduro Arrest Impact Sanctions Lifted Oil Trump Venezuela Oil Truth Social Announcement US-Venezuela Relations
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    RELATED NEWS

    Women’s Political Stake in Bangladesh Slips Under Yunus Government

    January 29, 2026

    Bangladesh Polls: How Religion Fuels Election Divisions

    January 29, 2026

    Invisible Wall Blocks Pakistan Girls’ Schooling Journey

    January 29, 2026

    S Jaishankar Holds Key Talks with US Ambassador Gor

    January 29, 2026

    Malawi Battles Cholera Surge and Polio Return in Blantyre

    January 29, 2026

    2026 Forecast: 14.4M in Afghanistan Face Health Shortage

    January 29, 2026
    -Advertisement-
    © 2026 Report Wire. All Rights Reserved.
    • Terms & Conditions
    • About Us
    • Privacy Policy
    • Contact

    Type above and press Enter to search. Press Esc to cancel.