Overview
- President Donald Trump said Venezuela will deliver 30 to 50 million barrels of crude to the United States, with sales proceeds controlled by him as president.
- Energy Secretary Chris Wright stated the U.S. will market stored Venezuelan crude and exercise indefinite control over the sale of the country’s production.
- U.S. authorities seized two oil tankers linked to Venezuelan shipments, including a Russian-flagged vessel boarded near Iceland, and intercepted another in the Caribbean.
- Venezuela’s Supreme Court and National Assembly swore in Delcy Rodríguez as interim president, a step disputed by opposition leaders as Washington conditions its engagement.
- The U.N. condemned the U.S. operation as violating a core principle of international law, Mexico reiterated its rejection, and analysts warned of heightened market volatility and T-MEC negotiation risks for Mexico.