Zürcher Nachrichten - Trump says Venezuela to hand over oil stocks worth billions

EUR -
AED 4.114333
AFN 72.820262
ALL 90.625134
AMD 404.80123
ANG 2.005114
AOA 1027.323983
ARS 1712.340161
AUD 1.596952
AWG 2.017958
AZN 1.910591
BAM 1.955616
BBD 2.258479
BDT 138.682553
BGN 1.958112
BHD 0.423177
BIF 3363.224275
BMD 1.12031
BND 1.432423
BOB 13.181292
BRL 5.64356
BSD 1.12134
BTN 106.252295
BWP 15.404173
BYN 3.315822
BYR 21958.072938
BZD 2.255179
CAD 1.57152
CDF 2594.637793
CHF 0.922177
CLF 0.027994
CLP 1101.679388
CNY 7.481485
CNH 7.477133
COP 3583.882393
CRC 511.77252
CUC 1.12031
CUP 26.910474
CVE 110.252683
CZK 24.273921
DJF 199.66413
DKK 7.47418
DOP 68.816305
DZD 150.858643
EGP 61.84379
ERN 16.804648
ETB 183.668638
FJD 2.520417
FKP 0.836867
GBP 0.83802
GEL 2.901936
GGP 0.836867
GHS 12.996302
GIP 0.836867
GMD 81.782865
GNF 9924.068492
GTQ 8.56954
GYD 234.557405
HKD 8.779297
HNL 30.099637
HRK 7.539122
HTG 146.922111
HUF 366.033178
IDR 20266.405074
ILS 3.487977
IMP 0.836867
INR 106.125999
IQD 1699.908722
IRR 2052827.75014
ISK 136.140046
JEP 0.836867
JMD 178.013291
JOD 0.794334
JPY 176.105971
KES 145.461773
KGS 97.97009
KHR 4561.755052
KMF 492.381482
KPW 1008.278816
KRW 1484.790775
KWD 0.347901
KYD 0.93445
KZT 502.313028
LAK 25239.644731
LBP 100414.908116
LKR 372.205064
LRD 191.17523
LSL 18.494107
LTL 3.307984
LVL 0.677664
LYD 7.183326
MAD 11.005767
MDL 20.138919
MGA 5084.72697
MKD 61.635526
MMK 2352.690103
MNT 4031.845367
MOP 9.054759
MRU 44.806794
MUR 52.789109
MVR 17.319826
MWK 1944.395594
MXN 20.948321
MYR 4.575394
MZN 71.58835
NAD 18.493034
NGN 1491.535624
NIO 41.267784
NOK 10.470517
NPR 170.003871
NZD 1.974272
OMR 0.430751
PAB 1.12134
PEN 3.852207
PGK 5.021529
PHP 71.10942
PKR 310.34287
PLN 4.375992
PYG 6429.396514
QAR 4.098506
RON 5.347577
RSD 117.512046
RUB 91.749702
RWF 1657.311009
SAR 4.193001
SBD 9.046031
SCR 15.487094
SDG 673.867346
SEK 11.113821
SGD 1.432002
SHP 0.837208
SLE 26.798095
SLL 23492.342196
SOS 640.865588
SRD 42.179106
STD 23188.15187
STN 24.498685
SVC 9.810904
SYP 14566.268236
SZL 18.490934
THB 37.779127
TJS 10.310646
TMT 3.932288
TND 3.341786
TOP 2.697437
TRY 55.597958
TTD 7.609591
TWD 36.471801
TZS 2963.211723
UAH 50.527757
UGX 4804.742004
USD 1.12031
UYU 44.95578
UZS 13351.746758
VES 985.636164
VND 28961.689926
VUV 132.954459
WST 3.102401
XAF 655.957
XAG 0.0203
XAU 0.000276061117
XCD 3.027694
XCG 2.020891
XDR 0.792117
XOF 655.957
XPF 119.331742
YER 264.486204
ZAR 18.494635
ZMK 10084.134734
ZMW 22.510791
ZWL 360.739313
SSP 6436.565401
MXV 2.364431
  • BCC

    2.2000

    77.79

    +2.83%

  • RBGPF

    -1.1000

    70.15

    -1.57%

  • NGG

    1.5700

    82.35

    +1.91%

  • GSK

    1.0450

    51.065

    +2.05%

  • BTI

    1.3450

    60.245

    +2.23%

  • AZN

    4.2100

    172.66

    +2.44%

  • RYCEF

    -0.3500

    17

    -2.06%

  • RIO

    -2.6000

    84.32

    -3.08%

  • CMSC

    0.1000

    19.63

    +0.51%

  • CMSD

    0.1200

    19.73

    +0.61%

  • JRI

    0.0000

    10.62

    -0%

  • BCE

    0.6450

    20.625

    +3.13%

  • VOD

    0.1700

    16.02

    +1.06%

  • RELX

    1.5000

    40.63

    +3.69%

  • BP

    0.1250

    49.975

    +0.25%

Trump says Venezuela to hand over oil stocks worth billions
Trump says Venezuela to hand over oil stocks worth billions / Photo: STR - AFP

Trump says Venezuela to hand over oil stocks worth billions

President Donald Trump said Tuesday that Venezuela will hand over tens of millions of barrels of oil to the United States, just days after a US raid toppled the country's anti-American president, leaving a more cooperative leader in charge.

Text size:

Trump said 30–50 million barrels of "high‑quality, sanctioned" Venezuelan crude will be shipped to US ports, with the revenue -- perhaps more than $2 billion at current market prices -- placed under his personal control.

It was not immediately clear whether Venezuela's new ruler -- interim president Delcy Rodriguez -- had agreed to hand over the oil, how the plan would work, or what its legal basis would be.

If confirmed, it would be the first major sign that Venezuela's new leader and her military-backed government were willing to meet an extraordinary set of US demands.

Venezuelan authorities did not immediately respond to request for comment.

Last Saturday, US special forces snatched president Nicolas Maduro and his wife from Caracas and whisked them to New York to face trial on drug charges.

Since then, Trump has said that the United States will "run" Venezuela and US companies will control its oil --the largest proven reserves in the world.

Interim president Rodriguez -- a long-time member of Maduro's inner circle as vice president and energy minister -- has vowed cooperation with the United States amid fears that Trump could persue wider regime change.

Trump has warned that Rodriguez will pay "a very big price, probably bigger than Maduro" if she does not comply with Washington's agenda -- ceding control of the oil industry and weakening ties with Cuba, China, Iran and Russia.

But she has also, at times, sounded defiant and appeared shoulder-to-shoulder with hardliners that control the military, police and intelligence services.

"The government of Venezuela is in charge in our country, and no-one else", Rodriguez said Tuesday. "There is no foreign agent governing Venezuela."

Trump, by contrast, has claimed Washington is now "in charge" of the South American nation and has vowed a new doctrine of US dominance in the western hemisphere.

"Trump is unapologetically establishing a US Protectorate over a sovereign country and claiming to have a right over its resources" said former Venezuelan diplomat Alfredo Toro Hardy, describing it as "something not seen in Latin America for over a century".

Trump tasked Energy Secretary Chris Wright with "immediately" executing the planned transfer and sale of the 30-50 million barrels.

- No surrender -

Experts say that Rodriguez faces a difficult task to stay in power -- balancing competing demands from Trump and government hardliners who control the security forces and paramilitaries.

Rodriguez has sought to project unity with powerful Interior Minister Diosdado Cabello and Defense Minister Vladimir Padrino Lopez, two hardliners seen as the main powerbrokers in the Maduro administration.

Since Saturday the security services have had a visible presence on the streets and Cabello has led thousands of Maduro supporters through Caracas demanding the s release.

Venezuela has yet to confirm the number of people killed in the operation in which US forces grabbed Maduro and his wife, Cilia Flores, and took them to the United States to face trial.

Venezuela's military on Tuesday published a list of 23 troops, including five generals, killed in the US strikes.

Top ally Havana separately issued a list of 32 dead Cuban military personnel, many of whom were members of Maduro's security detail.

Venezuela's Attorney General Tarek William Saab spoke Tuesday of "dozens" of civilian and military dead, without giving a breakdown.

Rodriguez has declared seven days of mourning for those killed.

"We are a people that does not surrender, we are a people that does not give up," she declared Tuesday, paying tribute to the "martyrs" of the US attacks.

- Cannot be trusted -

The White House has swatted aside the idea that Venezuela's democratic opposition -- which is widely believed to have been the real victors in last year's elections -- could take power.

Opposition leader Maria Corina Machado, sidelined by Washington in the post-Maduro transition, said in a Fox News interview that Rodriguez was not to be trusted.

"She's the main ally and liaison with Russia, China, Iran, certainly not an individual that could be trusted by international investors," Rodriguez told Fox News.

In a sign that a repressive security apparatus remains in place, 16 journalists and media workers were detained in Venezuela on Monday, according to a journalists' union.

All were later released.

Trump told Republican lawmakers Tuesday that Maduro was a "violent guy" who "killed millions of people" and claimed that Rodriguez's administration was "closing up" a torture chamber in Caracas.

The constitution says that after Maduro is formally declared absent -- which could happen after six months -- elections must then be held within 30 days.

H.Roth--NZN