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US to refine, sell up to 50 million barrels of Venezuela oil, Trump says

ReutersJan 9, 2026 8:24 PM

- The United States will refine and sell up to 50 million barrels of Venezuelan crude oil under a new arrangement with the country following the ousting of former president Nicolas Maduro, U.S. President Donald Trump said on Friday.

Trump made the comments at a meeting between top administration officials and executives from some of the world's largest oil companies.

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