Trump Declares 50 Million Barrels of Venezuelan Oil 'Floating Nicely' Towards Houston

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Trump: 50 Million Barrels of Venezuelan Oil 'Floating Nicely' to Houston

US President Donald Trump attends the inaugural meeting of the "Board of Peace" at the US Institute of Peace in Washington, DC, on Thursday. AFP

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Firstpost•20-02-2026, 09:22

Trump: 50 Million Barrels of Venezuelan Oil 'Floating Nicely' to Houston

•US President Donald Trump announced 50 million barrels of Venezuelan oil are en route to Houston, Texas.
•Trump's remarks highlight the US's strategy to leverage Venezuela's vast oil reserves.
•He praised Venezuela's Interim President Delcy Rodriguez, who was vice president under Nicolas Maduro.
•The US administration has been selling Venezuela's oil, raising corruption concerns among lawmakers and industry insiders.
•Trump maintains his administration controls Venezuela's oil reserves, the world's largest, and unveiled a $2 billion oil deal.

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