'Biggest Oil Deal In World History': JD Vance Says US Gains Majority Control of Venezuelan Reserves Amid Energy Expansion
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eldiariodechihuahua.mxA week before capturing Maduro, Vance would have talked to an oil entrepreneur about Venezuelan crude oil, Reuters revealed.
A Venezuelan Billionaire Just Shared The Details Behind Trump's "Biggest Oil Deal In World History." Here's What It Means For A 68 Year Old With A $2.4M Portfolio Heavily Invested In Energy Stocks
President Trump calls it the biggest oil deal in world history. The secret 50-year contract the Washington Post obtained gives taxpayers a 35% stake in Alejandro Betancourt's Venezuelan producer and 20% of its oil at $30 a barrel. At Tuesday's $91.49 Brent that discount is worth about $1 billion a year, $7.43 per household, and the stake pays no dividend until output more than quadruples. Here is what it means for gas prices and for a retiree holding Exxon, Chevron or an energy fund.
The Washington Post had access to US President Donald Trump's secret contract with Venezuelan billionaire Alejandro Betancourt, who gave Washington a stake in his oil company. "Welcome to the country," said Betancourt, meeting American partners. Under the agreement, the United States received 35 per cent of North American Blue Energy Partners' shares free of charge, writing The Washington Post. According to a 50-year paper, Betancourt is obliged…
A week before the U.S. invaded Venezuela in January and captured dictator Nicolás Maduro, U.S. Vice President J. D. Vance flew into the Air Force Two to visit the Montana Yellowstone Club, an exclusive ski and golf resort.
brazilsun.com
southamericanews.net"Biggest oil deal in world history": JD Vance claims US control of Venezuelan reserves, energy dominance
Washington [US], November 10 (ANI): United States Vice President JD Vance has declared that 'American energy is back,' crediting President Donald Trump's economic and regulatory policies for driving historic milestones in domestic crude production, record-breaking liquefied natural gas (LNG) exports, and landmark global energy pacts.Taking to social media platform X on Monday, the Vice President said, 'Thanks to
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