🚨 Venezuela–U.S. Oil Deal Update & Market Reaction $TRUMP 🚨
🛢️ BREAKING: President Trump announced that Venezuela’s interim authorities will hand over 30–50 million barrels of sanctioned crude oil to the United States. This oil will be sold at market price, and the proceeds will be managed by the U.S. government to benefit both Venezuelans and Americans. Energy Secretary Chris Wright is already directed to execute the plan immediately and begin shipments. �
The Economic Times
🚢 Execution Flow:
• The oil will be loaded onto storage ships and brought directly to U.S. ports for sale — marking a major shift in Americas supply flows. �
The Economic Times
📉 Market Reaction:
• Crude prices dipped as traders priced in the potential increase in supply to the U.S. market. �
• Refiners may benefit — especially Gulf Coast plants that process heavy Venezuelan crude. �
• Global markets are watching logistics, delivery timing, and how this affects demand from traditional buyers like China. �
Business Recorder
FXStreet
theguardian.com
📊 What Traders Are Watching Now:
• Timing and routing of tanker deliveries
• Price reaction as new supply hits U.S. inventories
• Policy signals from Washington on sanctions and future Venezuelan oil ties
Stay tuned for price action updates — this shift could reshape energy flows and macro sentiment across commodities markets.
