{"id":7014,"date":"2026-01-07T08:19:41","date_gmt":"2026-01-07T08:19:41","guid":{"rendered":"https:\/\/hernet.news\/?p=7014"},"modified":"2026-01-07T08:19:41","modified_gmt":"2026-01-07T08:19:41","slug":"venezuela-to-ship-30-50-million-barrels-of-crude-to-the-u-s-under-2bn-deal-trump-says","status":"publish","type":"post","link":"https:\/\/hernet.news\/?p=7014","title":{"rendered":"Venezuela to ship 30\u201350 million barrels of crude to the U.S. under $2bn deal, Trump says"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Venezuela has reached a deal with Washington to export up to <strong>30\u201350 million barrels<\/strong> of crude worth about <strong>$2 billion<\/strong> to the United States, U.S. President <strong>Donald Trump<\/strong> announced on Tuesday, signaling a sharp redirection of Caracas\u2019s stranded oil flows away from China and toward U.S. ports.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trump said the oil\u2014described as \u201csanctions-trapped\u201d barrels\u2014will be <strong>sold at market prices<\/strong>, with proceeds <strong>controlled by the U.S. president<\/strong> \u201cto ensure the money benefits both the people of Venezuela and the United States.\u201d He named <strong>Energy Secretary Chris Wright<\/strong> to implement the arrangement and indicated cargoes would be routed directly to American terminals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The agreement follows weeks of escalating pressure on President <strong>Nicol\u00e1s Maduro\u2019s<\/strong> government, including a U.S. special-forces operation on Saturday that removed Maduro from Caracas\u2014an action Venezuelan officials condemned as \u201cabduction\u201d and evidence of an American bid to seize the country\u2019s oil wealth. Caracas and state oil firm <strong>PDVSA<\/strong> did not immediately comment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Industry sources said the plan will likely <strong>reallocate cargoes<\/strong> originally bound for <strong>China<\/strong>, Venezuela\u2019s dominant buyer in recent years, especially after U.S. sanctions intensified in 2020. Following Trump\u2019s remarks, U.S. crude prices <strong>fell more than 1.5%<\/strong>, reflecting expectations of additional Venezuelan supply.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For now, U.S.-authorized exports from Venezuela are largely overseen by <strong>Chevron<\/strong>, which has been shipping roughly <strong>100,000\u2013150,000 barrels per day<\/strong> to the United States and continued lifting barrels during recent disruptions. It remains unclear how\u2014or whether\u2014<strong>PDVSA<\/strong> will access any proceeds from the new flows given its <strong>sanctions isolation<\/strong> from the global financial system and dollar transactions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trump has repeatedly pressed Venezuela\u2019s interim authorities to <strong>open the oil sector<\/strong> fully to U.S. and private firms, warning that refusal could invite <strong>military escalation<\/strong>. Tuesday\u2019s announcement suggests Caracas\u2019s interim leadership is moving to meet at least part of those demands in order to avoid deeper production cuts and relieve a growing backlog of unsold crude.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Venezuela has reached a deal with Washington to export up to 30\u201350 million barrels of crude worth about $2 billion to the United States, U.S. President Donald Trump announced on Tuesday, signaling a sharp redirection of Caracas\u2019s stranded oil flows away from China and toward U.S. ports. Trump said the oil\u2014described as \u201csanctions-trapped\u201d barrels\u2014will be [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":7018,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-7014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5"],"_links":{"self":[{"href":"https:\/\/hernet.news\/index.php?rest_route=\/wp\/v2\/posts\/7014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hernet.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hernet.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hernet.news\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/hernet.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7014"}],"version-history":[{"count":1,"href":"https:\/\/hernet.news\/index.php?rest_route=\/wp\/v2\/posts\/7014\/revisions"}],"predecessor-version":[{"id":7021,"href":"https:\/\/hernet.news\/index.php?rest_route=\/wp\/v2\/posts\/7014\/revisions\/7021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hernet.news\/index.php?rest_route=\/wp\/v2\/media\/7018"}],"wp:attachment":[{"href":"https:\/\/hernet.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hernet.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hernet.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}