00:00US President Donald Trump unveils a plan to sell up to 50 million barrels of Venezuelan oil that
00:06has been stuck in the country following a US blockade. The announcement signals Washington
00:11is coordinating with the Venezuelan government days after its capture of President Nicolás Maduro.
00:16He is currently in a New York jail awaiting drug charges which he has pleaded not guilty to.
00:21While Venezuela's political future remains uncertain, Trump appears to be working with
00:25interim President Delce Rodriguez. In a post in Truth Social, Trump says the oil will be sold at
00:31its market price and the money will be controlled by him directly for the benefit of both Venezuela
00:36and the US. Based on recent prices for Venezuelan oil, the deal could be worth up to $1.9 billion.
00:43US oil chief executives are expected to visit the White House to discuss investments in Venezuela.
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