US has taken oil from seized Venezuelan tankers, says Trump

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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

US President Donald Trump said the oil seized from Venezuelan tankers is being refined in places including Houston.

PHOTO: REUTERS

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WASHINGTON – The United States has taken the oil that was on

seized Venezuelan tankers

and will process it in US refineries.

“Let’s put it this way – they don’t have any oil. We take the oil,” US President Donald Trump said in a New York Post interview that was published on Jan 24.

The oil is being refined in “various places” including Houston, he said.

The US military has seized seven Venezuela-linked tankers since the start of Mr Trump’s month-long campaign to control Venezuela’s oil flows.

Mr Trump said on Jan 20 that his administration had taken 50 million barrels of oil out of Venezuela, and was selling some of it in the open market. REUTERS

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