Tags: us | oil | venezuelan | tankers

Trump: U.S. Will Process Oil Seized From Venezuelan Tankers

Saturday, 24 January 2026 09:04 AM EST

The United States ‍has taken ‍the oil that ⁠was on seized Venezuelan ​tankers and will process ‍it in U.S. ⁠refineries, President Donald Trump ⁠said ​in ⁠a New York ‍Post interview ‌that was published ⁠on ​Saturday.

"Let’s ​put it this way — they don’t have any oil. We ‍take the oil,” Trump told the newspaper.

The ⁠oil is being refined in "various places" including Houston, he said.

The ⁠US is in talks with Chevron, other crude producers, ‍and ‍major oilfield service providers about ⁠a plan to quickly raise Venezuela's crude ​production, Bloomberg News reported on ‍Saturday citing senior administration officials.

Officials ⁠have discussed deploying SLB, Halliburton and Baker Hughes to ⁠repair ​and ⁠replace outdated equipment, and refresh ‍older drilling sites, ‌the report said.

© 2026 Thomson/Reuters. All rights reserved.


Newsfront
The United States has taken the oil that ⁠was on seized Venezuelan ​tankers and will process it in U.S. ⁠refineries, President Donald Trump ⁠said ​in ⁠a New York Post interview that was published ⁠on ​Saturday.
us, oil, venezuelan, tankers
121
2026-04-24
Saturday, 24 January 2026 09:04 AM
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