The article discusses a meeting between President Trump and oil executives at the White House on January 9, 2026. The purpose of the meeting is to discuss the future of the US-Venezuela relationship and the potential for American companies to invest in Venezuela's oil industry.
According to the president, the US has "tremendous leverage" over Venezuela due to the quarantine on Venezuelan oil, which allows the US to control the proceeds from the sale of sanctioned oil. The US plans to sell up to 50 million barrels of sanctioned oil on the open market and will use the proceeds for the benefit of the American people and the Venezuelan people.
The president also announced that he has cancelled the previously expected "second wave of attacks" on Venezuela, citing apparent cooperation from the country's new regime. However, he emphasized that all ships will stay in place for safety and security purposes.
During the meeting, the president expressed optimism about the future of the US-Venezuela relationship and predicted that the two nations will now work closely together. He also said that the oil sales will generate "tremendous wealth" for American companies and help restore Venezuela's economy.
The article concludes by noting that some experts believe that drawing in foreign investment could take years due to a combination of high costs, political instability, and a history of the Venezuelan government nationalizing oil assets.
According to the president, the US has "tremendous leverage" over Venezuela due to the quarantine on Venezuelan oil, which allows the US to control the proceeds from the sale of sanctioned oil. The US plans to sell up to 50 million barrels of sanctioned oil on the open market and will use the proceeds for the benefit of the American people and the Venezuelan people.
The president also announced that he has cancelled the previously expected "second wave of attacks" on Venezuela, citing apparent cooperation from the country's new regime. However, he emphasized that all ships will stay in place for safety and security purposes.
During the meeting, the president expressed optimism about the future of the US-Venezuela relationship and predicted that the two nations will now work closely together. He also said that the oil sales will generate "tremendous wealth" for American companies and help restore Venezuela's economy.
The article concludes by noting that some experts believe that drawing in foreign investment could take years due to a combination of high costs, political instability, and a history of the Venezuelan government nationalizing oil assets.
50M barrels 
: That's like filling up a whole fleet of tanker trucks with sanctioned oil! 
The US is set to make around $15B from selling that oil on the open market - not bad for the American people, right? 
But what about Venezuela? Will they even get some of those proceeds? 
:
. My cousin's best friend's brother works in finance and he said that Venezuela's got major credit rating issues 
... anyway, I guess only time will tell if Trump's meeting with oil execs actually does anything to help the situation 
. but is it really that simple? i mean, the quarantine on venezuelan oil is a big deal, but what if venezuela just keeps playing hard to get 
. And those 50 million barrels of sanctioned oil? That's like, a LOT 
I heard it's gonna bring in some serious cash and help our economy 
but what about the consequences? Are we really just gonna sit back and let them take over Venezuela? 
. The whole thing just feels so... calculated 
.
seems like the us is trying to get back into the game after sanctioning venezuela's oil exports 
i'm not sure if it's a good idea, but i guess we'll just have to wait and see how it plays out 
.
and as for the 'tremendous leverage' claim... isn't it kinda ironic that the US is trying to gain power over venezuela when they're the ones who imposed sanctions in the first place? 