WorldPosted at: Jan 7 2026 11:32AM


Venezuela to export USD 2 billion worth of oil to US

Washington, Jan 7 (UNI) Venezuela and the United States have reached an agreement that could see up to “USD 2 billion worth of Venezuelan crude” shipped to the US, President Donald Trump announced.
The deal will help redivert some oil away from China and help alleviate pressure caused by Venezuela’s production cuts.
Trump described the agreement as evidence that Caracas is "complying with his demands for greater access for US oil companies," after he warned of "stricter action" if the country did not open its energy sector.
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