Trump says Venezuela will send US up to 50 million barrels of oil

President Donald Trump says Venezuela will transfer 30 million to 50 million barrels of oil to the United States. He stated the oil would be sold at market price and that Venezuela would use the proceeds to buy only U.S. products.

A U.S. official said the United States needs to control Venezuela's oil sales 'indefinitely' to drive political change in the country. Trump described the arrangement as being 'controlled by me' and laid out this plan publicly.