"President Trump announced Tuesday on Truth Social that the U.S. would receive as many as 50 million barrels of sanctioned oil from Venezuela, worth about $2.5 billion. Venezuela would share in the profits from the sale, Trump said. On Friday, Trump plans to meet with a dozen oil executives in the White House to discuss boosting Venezuelan oil production."
"In Sunday show interviews and private conversations with Congress, Rubio talked openly about how Venezuela's economic woes were "leverage" for the U.S. to force the socialist regime to open its markets. "We need to get the oil flowing out and the money going back to Venezuela without it getting stolen," a senior administration official told Axios. "It's no easy task.""
The U.S. seized Venezuela's leader on allegations of drug trafficking while announcing plans to obtain up to 50 million barrels of sanctioned Venezuelan oil worth about $2.5 billion. The White House will meet oil executives to boost Venezuelan production and sell oil with Venezuela receiving a share of profits. Secretary of State Marco Rubio is pushing acting president Delcy Rodriguez to expel suspected Chinese, Cuban, Iranian and Russian intelligence officials. A U.S. blockade of most Venezuelan tankers has pushed the petrol-funded government toward economic collapse. Administration officials say oil exports and economic pressure are being used as leverage to reopen markets, with elections postponed until timing is right.
Read at Axios
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