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Trump’s Claim to Venezuelan Oil Money Draws Scrutiny

Summary by Political Wire
“President Trump’s declaration that he would personally control the proceeds from oil produced in Venezuela drew instant condemnation on Wednesday from Democrats in Congress who noted that the president had no constitutional authority for such an undertaking,” the New York Times reports. “While the administration’s plans for handling what could be billions of dollars of revenue from oil sales are still taking shape, Mr. Trump announced on Tuesda…
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According to the Department of Energy, the Trump administration has already started marketing Venezuelan oil and revenues will be deposited into accounts managed by the US. They promise to invest in the electricity service network

The Department of Energy of the United States reported on this Thursday, 7th the beginning of the sale of crude oil to the “global market”. In its note, the American past said that all the resources obtained from the sale of oil and Venezuelan derivatives will be “replaced in accounts controlled by the United States” to“ guarantee legitimacy and... The US post will sell Venezuelan oil for the world first appeared on O Antagnonist.

·São Paulo, Brazil
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Political Wire broke the news in New York, United States on Wednesday, January 7, 2026.
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