Robinhood or Robbing Hood?'US to use millions of barrels of oil to benefit people'

Caracas: President Donald Trump said Tuesday that Venezuela would be providing 30 million to 50 million barrels of oil to the US, and he pledged to use proceeds from the sale of this oil "to benefit the people" of both countries.

The White House is organising a meeting Friday with US oil company executives to discuss Venezuela, which the Trump administration has been pressuring to open its vast-but-struggling oil industry more widely to American investment and know-how. Representatives of Exxon, Chevron and ConocoPhillips are expected to attend the White House meeting, according to a person familiar with the matter who requested anonymity to discuss the plans.

Earlier Tuesday, officials in Caracas announced that at least 24 Venezuelan security officers were killed in the dead-of-night US military operation to capture Nicolas Maduro and spirit him to the United States to face drug charges. And the country's acting president, Delcy Rodriguez, pushed back on Trump, who earlier this week warned she'd face an outcome worse than Maduro's if she does not "do what's right" and overhaul Venezuela into a country that aligns with U.S. interests, including by granting access to American energy companies.


Rodriguez, delivering an address on Tuesday before government agricultural and industrial sector officials, said: "To those who threaten me: My destiny is not determined by them, but by God." AP