Venezuela Offers Trump an Oil Bribe
Peter Zeihan
5 min
Venezuela must sell oil immediately or shut down production entirely. This deal could end Venezuela as an oil power right now.
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Donald Trump
Chapters
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0:00
The Political Bribe
Venezuela's new president offers Trump oil to secure his approval despite legal sanctions.
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1:40
The Oil System Mechanics
Venezuela faces shutdown because its storage tanks are full and it cannot export. Without immediate tanker pickup, Venezuela must halt production within days.
Key points
- 0:00
Venezuela offers between 30 and 50 million barrels of crude to the United States.
- 0:00
The new Venezuelan president seeks Trump's approval for her regime.
- 1:40
Venezuela exports less than one million barrels per day now.
- 1:40
Tankers stopped arriving in Venezuela due to the Trump administration embargo.
- 1:40
Venezuela's storage tanks are filling up and will soon be full.
- 1:40
Production must stop within three days if crude is not moved.
- 3:35
Legal experts were fired and cannot resolve the sanction issues quickly.
- 3:35
The oil sector will shut down except for less than a quarter million barrels.
Who and where
People · 1
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Donald Trump 6
President of the United States (2017–2021; since 2025)
Photo 1
1. Photo: Daniel Torok, Public domain, via Wikimedia Commons · Wikidata · redrawn in our house style (Donald Trump)
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