International Economic

Venezuela to send oil worth $2bn to US

By Abigail Townsend

Date: Wednesday 07 Jan 2026

(Sharecast News) - Venezuela has agreed to send oil worth around $2bn to the US, Donald Trump has announced in a social media post.
The American president said Venezuela would be "turning over" between 30m and 50m barrels of "High Quality, Sanctioned Oil" following an agreement struck with Caracas.

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