Venezuela Oil

Video Duration 02 minutes 18 seconds play-arrow02:18

US seizes two sanctioned oil tankers: 'Ghost fleet' vessels linked to Venezuela raided

By Usaid Siddiqui and Fiona Kelliher

Published On 8 Jan 20268 Jan 2026

  • The United States says it will control sales of Venezuelan oil “indefinitely” and decide how the proceeds of those sales are used.
  • President Donald Trump said Caracas would hand over between 30 and 50 million barrels of oil to Washington.