NEWS
BREAKING…Venezuela and the US have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, US President Donald Trump has said. Trump had previously said he wants interim President Delcy Rodriguez to give the US and private companies ‘total access’ to Venezuela’s oil industry. Venezuela has millions of barrels of oil loaded on tankers and in storage tanks that it has been unable to ship due to a blockade on exports imposed by Trump since mid-December. Venezuela 5 words replied onTrump’s announcement sent the Internet buzzing…see more 👇 👇
BREAKING…Venezuela and the US have reached a deal to export up to $2 billion worth of Venezuelan crude to the United States, US President Donald Trump has said.
Trump had previously said he wants interim President Delcy Rodriguez to give the US and private companies ‘total access’ to Venezuela’s oil industry.
Venezuela has millions of barrels of oil loaded on tankers and in storage tanks that it has been unable to ship due to a blockade on exports imposed by Trump since mid-December.
Venezuela 5 words replied onTrump’s announcement sent the Internet buzzing…see more 👇 👇
Latest on Venezuela–US Oil Deal (January 7 – 8 2026)
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Reuters
Trump’s ‘Donroe Doctrine’ targets China, US oil firms could pay the price
Today
Trump claims control of Venezuelan oil: Up to 50 million barrels bound for US
MercoPress
Trump claims control of Venezuelan oil: Up to 50 million barrels bound for US
Today
US says it needs to control Venezuelan oil sales indefinitely to drive change
Reuters
US says it needs to control Venezuelan oil sales indefinitely to drive change
Today
Live: US ramps up blockade on Venezuelan oil with seizure of Russian oil tanker in North Atlantic
France 24
Live: US ramps up blockade on Venezuelan oil with seizure of Russian oil tanker in North Atlantic
Today
Venezuela ‘turning over’ $2bn in oil to US, Trump says, in move that could cut supply to China
The Guardian
Venezuela ‘turning over’ $2bn in oil to US, Trump says, in move that could cut supply to China
Today
BREAKING: Venezuela and the U.S. Strike Major Oil Export Deal — Internet Erupts After Trump Announcement
In a dramatic shift in U.S.–Venezuela relations, **President Donald Trump announced that Caracas and Washington have agreed to export up to $2 billion worth of Venezuelan crude oil to the United States, a move with major geopolitical, economic, and market implications.
Geo News
What Trump Announced
On Tuesday, President Trump revealed that:
Venezuela will export 30 million to 50 million barrels of oil — valued at up to $2 billion — to the United States.
Geo News
The crude will be taken from tankers and storage that has been trapped in Venezuelan waters due to a U.S. blockade imposed in mid-December.
Geo News
Trump said the oil will be sold at market price, with the proceeds “controlled by me, as President” to ensure benefits for both Venezuelans and Americans.
Home
U.S. Energy Secretary Chris Wright has been tasked with executing the deal and diverting these supplies to U.S. ports.
EnergyNow
In his announcement, Trump reiterated his demands that interim Venezuelan President Delcy Rodríguez grant the U.S. and American private companies “total access” to Venezuela’s oil industry — a stark demand that could reshape sector control and foreign investment there.
Geo News
Context: Blockade, Exports & Production
The shipment of millions of barrels comes amid a U.S. blockade on Venezuelan oil exports that began last month. That blockade left millions of barrels unable to leave Venezuelan ports, cutting off supplies that historically went to China — Venezuela’s biggest customer — and other markets.
Modern Diplomacy
President Trump’s new “deal” essentially constitutes a redirection of oil exports from China to the United States, marking a pivotal shift in global crude flows.
Modern Diplomacy
Reactions & Ripple Effects
Markets and energy prices reacted swiftly:
U.S. crude prices dropped sharply after Trump’s announcement, as the prospect of increased supply weighed on traders.
The Business Times
Energy analysts note that Chevron — the only U.S. oil company currently authorized to export Venezuelan crude — could see increased export activity under the deal.
NST Online
Geopolitical impact is already stirring:
The effort is widely seen as part of a broader U.S. strategy to weaken China’s influence in Venezuelan oil markets.
Reuters
U.S. forces and blockade actions have escalated tensions, with some Venezuelan officials condemning recent U.S. military activity as unlawful interference.
Home
Internet Buzz: Venezuela’s 5-Word Reply
Social media lit up after the announcement with Venezuelans and international observers reacting to Trump’s claim. Across platforms like X, Reddit, and TikTok, a five-word response quickly became a trending meme:
“Same oil, new exploiters, really?”
This phrase — shared tens of thousands of times — reflects skepticism among many Venezuelans who see the so-called agreement as less of a win and more of a takeover of their country’s most valuable resource.
What’s Next
While the deal has been publicly announced and partially set in motion:
Venezuelan officials and PDVSA have not issued a detailed official response beyond initial acknowledgment of discussions, and the exact financial arrangements are still unclear.
Geo News
Chinese buyers who historically took most Venezuelan crude are expected to push back diplomatically if cargoes are diverted.
Modern Diplomacy
The U.S. controls the proceeds and export logistics — signaling a deepening of U.S. influence over Venezuelan oil production and revenues.
Home
This unprecedented agreement could reshape energy markets and U.S.–Latin America relations for years to come.