Washington DC, Jan. 13 -- US President Donald Trump on Tuesday (local time) said that the country is working "very well" with Venezuelan authorities as Caracas prepares to send millions of barrels of oil to American refineries.

Trump asserted that his administration is working closely with Caracas and claimed that large volumes of Venezuelan oil are already entering the United States as part of the engagement.

Speaking at the Detroit Economic Club, Trump said, "I'm Venezuela's biggest fan. We're working with them. They came down from a very high number to a disaster."

The US President informed that Venezuela has begun supplying oil to the United States. Trump said the arrangement would have a direct impact on global energy markets, ass...