US and Venezuela Sign Historic Oil Deal Over 65 Billion Barrels
🐿️ The Squirrel's Take
This deal gives the US unprecedented control over Venezuela's oil reserves, reshaping global energy dynamics.
💡 Why it matters
The agreement could significantly alter global oil supply chains and US energy security for decades.
The agreement would grant the US majority control of over 65 billion barrels of proven Venezuelan oil reserves, Trump said. Deal that will reportedly see US take control of 65bn barrels of Venezuelan oil has provoked outrage in her country Venezuela’s interim president, Delcy.
📡 Where we spotted it (2)
BBC News
US and Venezuela reach 'historic' oil deal, Trump says
14d ago
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The Guardian
Venezuela’s Delcy Rodríguez defends ‘endless’ benefits of her oil deal with Trump
14d ago
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