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Trump announces deal with Venezuela to secure more than 65 billion barrels of oil reserves
Trump said the deal gives U.S. firms control of more than 65 billion barrels and could lower gas prices while boosting private investment.
- On Friday, President Donald Trump announced an oil agreement with Venezuela, securing majority U.S. control of more than 65 BILLION BARRELS of proven oil reserves at no cost to American taxpayers.
- Washington has sought stable crude supplies since removing former President Nicolas Maduro in January, aiming to replenish the Strategic Petroleum Reserve and promote investment in the OPEC nation's deteriorated energy sector.
- Secretary of State Marco Rubio and Secretary of War Pete Hegseth negotiated the deal alongside Interim President Delcy Rodriguez, with Trump claiming they secured "majority U.S. control of more than 65 BILLION BARRELS."
- Facing pressure ahead of midterm elections scheduled later this year, the administration hopes to ease rising gasoline prices through cheaper oil supplies and expanded Venezuelan output.
- Venezuela's energy industry currently produces 1.25 million barrels per day; the agreement aims to revitalize this deteriorated sector while integrating it into broader American energy strategy.
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354 Articles
354 Articles
USA tar control över stora delar av Venezuelas oljefält. Enligt Donald Trump ska avtalet ge USA 65 miljarder fat olja. Projektet kan både både kostenamt och besvärligt – och vara olagligt.
·Stockholm, Sweden
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Trump Announces ‘Biggest Oil Deal In World History’ With Venezuela, Claims Control Of 65 Billion Barrels
President Donald Trump on Friday said the US has entered an agreement with Venezuela to take control of 65 billion barrels of the South American country's oil reserves. Trump in a social media post announced the agreement he said
·India
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US to take control of Venezuela's 65 billion barrels of crude reserves as Trump announces 'biggest oil deal'
In a post on Truth Social, President Donald Trump has announced that the US has inked the "biggest oil in world's history" with Venezuela. Under the agreement, the US would take control of 65 billion barrels of oil reserves of the South American country.
·Noida, India
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Coverage Details
Total News Sources354
Leaning Left55Leaning Right56Center106Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 25%
C 49%
R 26%
Factuality
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