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17 oil fields, 65 billion barrels: Inside Trump’s Venezuela deal and why it may not lower gas prices anytime soon
Venezuela’s acting president, Delcy Rodríguez, described the deal as a step toward economic recovery that would modernise the country’s oil industry. | World News
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trinidadexpress.com
US, Venezuela reach ‘biggest oil deal’ in world, says Trump
United States President Donald Trump yesterday said the US has entered an agreement with Venezuela to take control of 65 billion barrels of the South American country’s oil…
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hindustantimes.com
Trump calls it the ‘biggest oil deal in world’s history’. Can Venezuela's 65 billion barrels actually be delivered?
The pact would give the US 55% of a joint venture over 17 Venezuelan oilfields for 100 years. But legal, political and infrastructure risks cloud its future.
