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Trump says Venezuela 'turning over' up to 50M barrels of oil to US

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Trump says Venezuela 'turning over' up to 50M barrels of oil to US

WASHINGTON: US President Donald Trump speaks during the House Republican Party (GOP) member retreat at the Kennedy Center in Washington, DC, on January 6, 2026. (Photo by AFP/Mandel Ngan)

WASHINGTON: US President Donald Trump said Tuesday that Venezuela's interim government will deliver up to 50 million barrels of oil to the United States, and that the proceeds "will be controlled by me" as president.


"The Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America," Trump posted on his Truth Social platform.


"This oil will be sold at its market price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States."

'No foreign power' running country

Venezuela's interim president Delcy Rodriguez insisted Tuesday that no foreign power was governing her country, after US President Donald Trump said Washington would "run" it during a transition after ousting her predecessor.


Rodriguez, who was vice president under toppled leader Nicolas Maduro, has given mixed signals about how much she is prepared to cooperate with Trump, at times sounding conciliatory, at others defiant.


Speaking three days after US special forces snatched Maduro and his wife in a stunning raid in Caracas prefaced by airstrikes, Rodriguez said: "The government of Venezuela is in charge in our country, and no-one else."


"There is no foreign agent governing Venezuela."


Trump insists Washington is now "in charge" of the Caribbean country but says he is prepared to work with Rodriguez -- provided she submits to his demand for access to Venezuela's vast oil reserves.


Rodriguez has offered an olive branch but also appeared anxious to keep on her side the hardliners who control the security forces and paramilitaries, which have patrolled the streets since Maduro's capture.


"We are a people that does not surrender, we are a people that does not give up," she declared, paying tribute to the "martyrs" of the US attacks.


Confirmation of losses

In its first confirmation of losses, Venezuela's military on Tuesday published a list of 23 troops, including five generals, killed in the US strikes.


Top ally Cuba separately issued a list of 32 dead Cuban military personnel, included two colonels and a lieutenant colonel, many of whom were members of Maduro's security detail.


Venezuela has not yet confirmed the number of civilian casualties in the operation in which US forces grabbed Maduro and Flores and took them to the United States to face trial.


Attorney General Tarek William Saab spoke Tuesday of "dozens" of civilian and military dead, without giving a breakdown.