Texas, Feb. 28 -- US President Donald Trump on Friday (local time) said the United States will refine Venezuelan oil in Texas for export, calling the plan beneficial for both nations and promising to help "build their country, which was a disaster."

Addressing a gathering in Texas, Trump said, "For the benefit of both our nations, we're going to refine their oil right here in America and right here in Texas and then export it all over the world. We're going to keep some for ourselves. We're going to give some to them, and they're going to make more money than they've ever made before. We'll help build their country again, which was a disaster. And we're going to build it up, and we're going to benefit also."

Trump said he has a "great r...