US Military Seizes Seven Tankers and Processes Fifty Million Barrels of Venezuelan Crude Oil

The United States military has seized seven tankers linked to Venezuela. President Trump reports extracting fifty million barrels for domestic processing.

Insights:
The United States USUSmilitary has seized seven tankers linked to Venezuela VEVEand begun processing the confiscated crude oil through various American refineries. In an interview with the New York Post published on Saturday, January 24, 2026, President Donald Trump donald trumpconfirmed that his administration has successfully extracted 50 million barrels of oil from the South American nation. This direct military intervention is part of a month-long campaign specifically designed to give the United Statescontrol over the oil flows of Venezuela.
U.S. President Donald Trump speaks to the media during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. REUTERS/Denis Balibouse/File Photo
U.S. President Donald Trump speaks to the media during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. REUTERS/Denis Balibouse/File Photo
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