Trump Says Venezuela to Send US Oil Worth Up to $2.8 Billion

Here is a 186-word summary of the news article: President Trump announced that Venezuela will send the U.S. up to 50 million barrels of oil, worth around $2.8 billion at current market prices. The oil will be sold, with the proceeds benefiting both countries. This marks a significant escalation in the U.S. government's efforts to exert economic influence in Venezuela, following the capture of President Nicolas Maduro over the weekend. The move is also a blow to China, which had previously been the top buyer of Venezuela's oil and a close partner of the country. The announcement came with few details, but Bloomberg's EMEA news director Will Kennedy provided more information in an interview on Bloomberg Radio. The oil shipments represent a major shift in the U.S. government's approach to Venezuela, as it seeks to undermine the Maduro regime and potentially install a more favorable government. The deal could have significant economic and geopolitical implications, both for Venezuela and its relationships with the U.S. and China.