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Trump Announces Venezuela to Turn Over Up to 50 Million Barrels of Oil to United States

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U.S. President Donald Trump announced on Tuesday that interim authorities in Venezuela will turn over between 30 and 50 million barrels of high-quality sanctioned oil to the United States, following the recent U.S. military operation that removed Venezuelan leader Nicolás Maduro from power.

In a post on Truth Social, Trump stated: “I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 Million Barrels of High Quality, Sanctioned Oil, to the United States of America.

This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!

“The president added that he has directed Energy Secretary Chris Wright to execute the plan immediately, with the oil to be transported via storage ships directly to U.S. unloading docks.

The announcement comes amid ongoing developments in Venezuela, where the oil—previously held in storage due to U.S. sanctions—is estimated to be worth up to $2.8 billion at current market prices around $56 per barrel.

Analysts note that this volume represents a modest addition to global supply but could divert exports previously destined for China.U.S. crude futures dipped slightly following the news, closing lower by about 1.3%. Major U.S. oil companies, including Chevron, ExxonMobil, and ConocoPhillips, are reportedly monitoring the situation, with meetings planned between industry representatives and the administration to discuss future investments in Venezuela’s vast oil reserves.

The deal marks a significant step in Trump’s stated goal of revitalizing Venezuela’s oil sector, which holds the world’s largest proven reserves but has seen production decline sharply in recent years due to sanctions, underinvestment, and mismanagement.

International

Man jailed for keeping dead mother in freezer to claim £78,000 in benefits

Passing sentence, Judge Lloyd-Clarke said Phillips repeatedly deceived medical professionals to hide the fact that his mother had died.

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•Christopher Phillips

A 60-year-old man has been sentenced to two years and four months in prison after keeping his late mother’s body in a chest freezer for nearly three years while fraudulently collecting more than £78,000 in her pension and benefits.

Christopher Phillips was jailed by Merthyr Tydfil Crown Court after admitting to preventing the lawful and decent burial of his 89-year-old mother, Silvia Phillips, and pleading guilty to two counts of fraud.

The court heard that Phillips concealed his mother’s death after she died on March 8, 2023, by storing her body in a chest freezer in the living room of their home in Porthcawl, Wales.

Prosecutors said he failed to notify the Department for Work and Pensions and Bridgend County Borough Council of her death, allowing her pension and benefits to continue being paid into bank accounts he could access.

Passing sentence, Judge Lloyd-Clarke said Phillips repeatedly deceived medical professionals to hide the fact that his mother had died.

“You continued to collect her prescriptions and misled medical professionals about her whereabouts, lying when enquiries were made about your mother, repeatedly telling medical staff that she did not wish to attend appointments or undergo tests,” the judge said.

(Source: Tribune)

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International

Russia Issues International Wanted on Telegram Founder Durov

Russian-born Durov — a serial tech founder who has lived outside Russia for years and holds French and United Arab Emirates passports — has frequently clashed with the Russian authorities as Moscow has tightened its grip on the internet.

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•Telegram founder Pavel Durov

Russia announced on Wednesday that it was seeking the arrest of Telegram founder Pavel Durov over accusations of “complicity in terrorism”, alleging he had let the platform be used for recruitment by Ukraine’s security services.

Russian-born Durov — a serial tech founder who has lived outside Russia for years and holds French and United Arab Emirates passports — has frequently clashed with the Russian authorities as Moscow has tightened its grip on the internet.

His Telegram messenger is one of the country’s main communications platforms and officials have repeatedly tried to block access or thwart its success in a bid to pressure Durov to hand over user data or push Russians to use an unencrypted state-backed alternative.

The FSB security service said it had launched international search proceedings for Durov, who is also Telegram’s CEO.

“An international wanted notice has been issued… for the head of the Telegram administration, P. Durov,” it said in a statement.

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International

Just In: People trapped in Japanese mall hit by earthquake, with others missing after factory chimney collapse

Reports in Japan say 20 to 30 shopping centre staff may be missing – but the figure has not been confirmed.

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Image credit : BBC

Many people are trapped inside a Japanese shopping centre after an earthquake, the fire service says.

One witness reported the second floor of the mall in Kumamoto collapsing – BBC Verify has looked at some of the images from the site.

Reports in Japan say 20 to 30 shopping centre staff may be missing – but the figure has not been confirmed

Elsewhere in the Kumamoto prefecture, people are reported missing at a paper factory after a chimney collapsed

A magnitude 7.1 earthquake hit inland on Kyushu island at 16:27 local time (07:27 GMT), causing power cuts, damaged roads, a collapsed castle wall, and a destroyed footbridge.

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