🚨 BREAKING: U.S.–Venezuela Oil Deal Takes a Big Turn 🇺🇸🇻🇪
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CNBC reports that Venezuela’s oil sales to the United States are now expected to continue “indefinitely”, and sanctions on Venezuelan crude are being reduced to allow this flow, although Reuters has not independently confirmed all details yet.
This follows President Donald Trump’s announcement that Venezuela would send 30–50 million barrels of oil to the U.S., to be sold at market price for over $2 billion, with proceeds controlled by him to benefit both countries.
According to the latest reports, this agreement marks a major shift in Venezuelan oil trade — cargoes originally meant for China could be rerouted to the U.S., weakening China’s position as Caracas’s top buyer and reshaping global energy flows.
U.S. refiners — led by Chevron, which currently controls Venezuelan oil exports — stand to benefit as they absorb more crude, while Venezuela avoids deeper production cuts amid export blockades.
This is turning into a historic geopolitical energy shift: the U.S., under Trump’s leadership, is gaining unprecedented influence over one of the world’s largest oil reserve holders, while global power players like China and President Putin watch closely. The outcomes could affect everything from oil prices to international alliances in the coming years.
