Officials say sales were expected to start with 30 million to 50 million barrels of oil and the revenue would be controlled by the US government.

Trump's announcement came days after U.S. forces attacked Venezuela and captured its leader, Nicolas Maduro, to be prosecuted on drug-trafficking charges.

The president’s announcement comes as Venezuela seeks to avoid deep cuts in output amid an ongoing blockade on exports imposed by the US

Trump announces Venezuela will deliver 30-50 million barrels of oil to the U.S. following Maduro's ousting.

Separately, the White House is organizing an Oval Office meeting with oil company executives, a person familiar with the matter said.

US president says oil will be sold at market prices and that he will control resulting revenues.

President Donald Trump said Venezuela will be "turning over" to the U.S. between 30 and 50 million barrels of oil after his administration captured the country's president and…

The US president, in a post Tuesday on Truth Social, said he will 'ensure it is used to benefit the people of Venezuela and the United States.'

US president says he will control oil sales, proceeds, as Venezuela's Rodriguez pledges no 'foreign agent' is in charge.

Oil sales from Venezuela will continue indefinitely and U.S. sanctions against Caracas will be reduced, sources close to the White House told CNBC’s Brian Sullivan on Wednesday.

L'annuncio del segretario all'Energia, Chris Wright, a Miami. Rubio: 'il controllo americano avvantaggerà la popolazione' (ANSA)

Il segretario Usa all'Energia, Chris Wright, ha annunciato che Washington controllerà le vendite di petrolio venezuelano "a tempo indefinito", un giorno dopo che Donald Trump ha…

Il segretario Usa all'Energia, Chris Wright, ha annunciato che Washington controllerà le vendite di petrolio venezuelano "a tempo indefinito", un giorno dopo che Donald Trump ha…

Estados Unidos controlará la venta de petróleo de Venezuela por tiempo "indefinido" y depositará el dinero que resulte de esas transacciones en cuentas controladas por Washington.

United States Energy Secretary Chris Wright said Wednesday the US would control Venezuela's oil sales until further notice, four days after the Latin American country's leader…

Officials say sales were expected to start with 30 million to 50 million barrels of oil and the revenue would be controlled by the US government.

The US seizes two oil tankers, including one flying Russian flags, as it plans to sell 30 to 50 million barrels of oil.

Venezuela's state-owned oil company, PDVSA, said Wednesday it is negotiating with the U.S. government to sell crude oil after years of sanctions.

Trump administration announcement comes as UN experts warn Venezuela's oil reserves 'must not be cynically exploited'.

US says it will control Venezuelan oil sales 'indefinitely', raising questions about what revenues Caracas might get.

The Trump administration is asserting control over Venezuelan oil, after seizing a pair of sanctioned tankers on Wednesday