US President Donald Trump announced that Venezuela has pledged to allocate the money earned from its newly structured oil arrangement toward buying products manufactured in the United States, a move that aims to make the US a central trade partner for Caracas.

According to Trump, the funds generated by the agreement will be used to procure a range of US-produced items, including agricultural commodities, pharmaceuticals, medical equipment and materials to support improvements in Venezuela’s power grid and energy systems. This commitment is being framed by the US administration as mutually beneficial and as an indication of closer economic ties between the two nations.

The announcement was made on Trump’s social media platform and is part of broader efforts by Washington to reorient Venezuela’s export earnings and commercial relationships toward American suppliers. The oil deal itself comes amid heightened US involvement in Venezuela’s energy sector and follows recent policy and operational developments tied to Venezuelan oil exports.

The US government has also been asserting long-term influence over Venezuelan oil sales in the context of these developments, with broader geopolitical and economic implications for Caracas and its traditional trading partners.