US President Donald Trump has announced that the US will receive 30-50 million barrels of high-quality oil from Venezuela at market price, with plans to transport it directly to US unloading docks.
The news came after a US military operation in Caracas resulted in the deaths of at least 24 Venezuelan security officers. Trump tweeted about the deal, stating that he would control the distribution of the funds but would use them to benefit both the people of Venezuela and the US.
Separately, the White House is organizing an Oval Office meeting with oil company executives from Exxon, Chevron, and ConocoPhillips, according to a source who requested anonymity. This meeting could pave the way for American energy companies to tap into Venezuela's vast oil reserves.
Venezuelan officials have pushed back on Trump's claims, with acting president Delcy Rodriguez saying that she will not be intimidated by threats from foreign leaders. The country's Attorney General Tarek William Saab described the deaths of security officers as a "war crime" and announced plans to investigate the incident.
Trump has also criticized Democratic reactions to the raid, suggesting that his predecessor Joe Biden had called for Maduro's arrest on similar charges. Trump warned that if Democrats do not give him credit for the operation, he would say they are being unfair.
The deal could be worth up to $2.8 billion, considering current oil prices. However, Venezuela has struggled to produce more than 1 million barrels per day due to domestic issues and international sanctions.
Public opinion polls in the US suggest that many people remain divided on the capture of Maduro, with some viewing it as a successful operation while others see it as an act of aggression. The international community has also weighed in, with Denmark's Prime Minister Mette Frederiksen defending Greenland's sovereignty from potential US military intervention.
The news came after a US military operation in Caracas resulted in the deaths of at least 24 Venezuelan security officers. Trump tweeted about the deal, stating that he would control the distribution of the funds but would use them to benefit both the people of Venezuela and the US.
Separately, the White House is organizing an Oval Office meeting with oil company executives from Exxon, Chevron, and ConocoPhillips, according to a source who requested anonymity. This meeting could pave the way for American energy companies to tap into Venezuela's vast oil reserves.
Venezuelan officials have pushed back on Trump's claims, with acting president Delcy Rodriguez saying that she will not be intimidated by threats from foreign leaders. The country's Attorney General Tarek William Saab described the deaths of security officers as a "war crime" and announced plans to investigate the incident.
Trump has also criticized Democratic reactions to the raid, suggesting that his predecessor Joe Biden had called for Maduro's arrest on similar charges. Trump warned that if Democrats do not give him credit for the operation, he would say they are being unfair.
The deal could be worth up to $2.8 billion, considering current oil prices. However, Venezuela has struggled to produce more than 1 million barrels per day due to domestic issues and international sanctions.
Public opinion polls in the US suggest that many people remain divided on the capture of Maduro, with some viewing it as a successful operation while others see it as an act of aggression. The international community has also weighed in, with Denmark's Prime Minister Mette Frederiksen defending Greenland's sovereignty from potential US military intervention.