President Donald Trump announced Venezuela will transfer 30 to 50 million barrels of oil to the U.S. following dictator Nicolás Maduro's capture, with proceeds to benefit both nations.

"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," Trump said.

First, the country must kick out China, Russia, Iran, and Cuba and sever economic ties, the sources said. Second, Venezuela must agree to partner exclusively with the U.S. on oil production and favor America when selling heavy crude oil, they added.

Trump dismissed the leadership of Venezuela's democratic opposition in favor of Maduro's handpicked vice president, Delcy Rodríguez, now the interim president.

It comes after Nicolás Maduro and his wife were seized from Caracas and flown to the US. They have since appeared at a New York court.

Ex-Venezuelan President Nicolás Maduro spent the night in jail after he appeared in a U.S. courtroom — as questions linger about President Trump's plans for Venezuela.

There were likely many motives behind America's capture and arrest of Venezuelan President Nicolas Maduro on Saturday, but one little-discussed factor could be the White House's concerns about the waning global prominence of the "petrodollar.

President Donald Trump said Tuesday night that Venezuela ’s interim authorities will transfer up to 50 million barrels of sanctioned oil to the United States for sale at market prices, with proceeds controlled by his administration to benefit both nations.

The U.S. striking Venezuela and capturing its leader has practical implications for China, Russia, Iran and Cuba, and it also sends messages to each nation.

President Donald Trump announced in a Tuesday night Truth Social post that the U.S. successfully obtained millions of barrels of Venezuelan oil following his administration’s invasion of the South American nation and subsequent abduction of ousted President Nicolás Maduro.