President says U.S. negotiating oil arrangements with Venezuela; invites China, India to buy Venezuelan oil

Mister President told reporters that negotiations over Venezuelan oil are underway and predicted a mutually beneficial arrangement. "We're gonna be selling a lot of oil, and we'll take some, and they'll take a lot," he said, adding that Venezuela would "make more money than they've ever made."

Asked how profits would be split, the president said specifics "haven't been discussed," and he declined to provide a breakdown for reporters during the gaggle. He framed talks as positive and described improved relations with Venezuelan leadership: "They're doing a really good job. We're gonna be selling a lot of oil."

On related trade shifts, the president said China and India are "welcome to come in and buy oil," and suggested those deals could reduce Venezuelan purchases from Iran. He did not identify formal agreements, contracts, or the legal framework governing any export deals, nor did he specify whether U.S. involvement would require congressional or international approvals.

The president also touched on related regional issues, including the possible return of a Venezuelan figure identified as "Machado," saying he would "like to be able to do something with it" and describing her as "a very fine person," while also praising other Venezuelan leaders.

Next steps: Mister President said negotiations are underway but provided no timetable or written pact to confirm the arrangements.