The Damage Report
The Damage Report
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Trump Drops DISASTER Announcement In Staggering Oil Scheme Escalation

Posted

January 7, 2026

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Donald Trump spirals out of control with social media announcement that he will be controlling the money personally, in an unprecedented move, after taking and selling Venezuela's oil. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!

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Trump Says He’s Selling Venezuela’s Oil and That the ‘Money Will Be Controlled by Me’

"President Donald Trump announced on Tuesday that he would be selling Venezuela’s oil after invading the country, with the money to be personally controlled by him.

“I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America,” announced Trump in a Truth Social post. “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, to ensure it is used to benefit the people of Venezuela and the United States!”

He concluded, “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. Thank you for your attention to this matter!”"

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Guests & Subjects Covered

Donald TrumpJohn IadarolaSharon ReedThe Damage Report LeaveNoble MobileMoney Will Be ControlledPresident Donald TrumpInterim Authorities

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Trump Drops DISASTER Announcement In Staggering Oil Scheme Escalation · The Damage Report · Sentinel