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Trump Claims Venezuelan Oil Will Swim to U.S. on Storage Ships by Friday

KEY POINTS

  • •On January 7, President Trump said Venezuela will hand over between 30 and 50 million barrels of oil, which he will control.
  • •Trump asked Energy Secretary Chris Wright to immediately bring this oil on storage ships directly to U.S. docks.
  • •Trump plans to meet U.S. oil executives on Friday to encourage investing in Venezuela’s rebuilding efforts despite analysts’ doubts.

In a plot twist straight out of a 2026 political telenovela, President Trump announced on January 7 that Venezuelan 'interim authorities' will ship between 30 and 50 million barrels of oil to the U.S., with him personally controlling the revenue to 'benefit Venezuela and the U.S.' He cheekily ordered Energy Secretary Chris Wright to 'execute this plan immediately' and bring the crude directly to U.S. docks—because who needs pipelines when you have storage ships? Meanwhile, Trump will woo oil execs Friday to invest in reviving Venezuela's junked energy infrastructure, promising a less-than-18-month turnaround that analysts say is the fairy tale portion of this saga. Plus, the U.S. is reportedly leaning on interim President Delcy Rodríguez to kick out China, Russia, Cuba, and Iran advisers—with the added muscle of a 'second military operation' threat if she says no. All this is happening while 3.4 million barrels were already imported last October, proving that Venezuela's gifting of oil to the U.S. is more real-life soap opera than Saturday morning cartoon.

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Source: Axios | Published: 1/7/2026 | Author: Julianna Bragg