United States President Donald Trump has announced that Venezuela will supply between 30 million and 50 million barrels of oil to the United States, a move he described as beneficial to both countries.
Eko Hot News reports that Trump disclosed his official social media platform, stating that the oil would be transferred at market value and managed under arrangements intended to serve the interests of citizens in both nations.
According to Trump, the oil shipment will consist of what he described as high-quality crude and will be directed to the US energy market under structured oversight. He said the arrangement would contribute to stabilising supply while supporting broader economic objectives.
The former president claimed the oil would be handled transparently, with proceeds expected to support developmental priorities and economic recovery efforts linked to energy production and distribution.
Trump also reiterated his long-standing position on revitalising Venezuela’s energy sector, which has faced prolonged challenges due to limited investment, reduced output, and constrained export capacity over the years.
He suggested that the proposed oil transfer reflects renewed engagement in the global energy market and could signal changes in how Venezuela’s vast petroleum resources are utilised.
At the time of the announcement, there was no official confirmation or response from Venezuelan authorities addressing Trump’s claims or outlining specific terms of the proposed oil supply.
Energy analysts note that a transfer of up to 50 million barrels of oil would represent a significant volume and could have measurable implications for international oil supply dynamics if implemented.
Market observers also caution that such declarations often require formal agreements and regulatory approvals before they can be executed, particularly within the global energy sector.
The development has drawn attention amid ongoing discussions around energy security, supply diversification, and the role of major oil-producing nations in global markets.
Stakeholders are expected to monitor further statements from both US and Venezuelan officials to clarify the scope, structure, and feasibility of the proposed oil arrangement.
For now, Trump’s announcement has added a new dimension to conversations around energy cooperation and international resource management.
