Trump says Venezuela to give up to 50 million barrels of oil to U.S.

Trump, who announced the transfer in a social media post, said the oil will be sold at its market price, “and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!”

“I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States,” Trump wrote.

The announcement came three days after U.S. forces captured Venezuela’s authoritarian leader Nicolas Maduro and his wife in Caracas, and took them to New York, where they are charged in a federal drug-trafficking conspiracy indictment.

Maduro and his wife, Cilia Flores, pleaded not guilty on Monday during their arraignment in U.S. District Court in Manhattan.

During that proceeding, Maduro told Judge Alvin Hellerstein that he had been “kidnapped” and that he was a “prisoner of war.”