Trump Says He’s Secured ‘U.S. Control’ of Venezuelan Oil in ‘BIGGEST OIL DEAL IN WORLD HISTORY’
Trump says the deal will more than double U.S. oil reserves and lower gas prices, citing control of over 65 billion barrels.
- On Friday, President Donald Trump announced the United States reached what he called "THE BIGGEST OIL DEAL IN WORLD HISTORY" with Venezuela, securing majority control over more than 65 billion barrels of proven Oil Reserves.
- The announcement comes nearly nine months after United States special forces captured Venezuelan President Maduro in January and brought him to New York, where he remains jailed facing federal drug trafficking charges.
- Trump directed Secretary of State Marco Rubio and Defense Secretary Pete Hegseth to work with Venezuelan Interim President Delcy Rodriguez, securing the partnership at "no cost to the American Taxpayer," the president said.
- The president claimed "This Historic Transaction MORE THAN DOUBLES American Oil Reserves" and will lower Gas Prices for all Americans, while setting Venezuela on a course toward "Tremendous Success and Great Prosperity."
- At a Las Vegas rally earlier this month, Trump previously argued the United States recouped military costs "many, many, many times" by extracting "billions and billions of barrels of oil" from Venezuela.
40 Articles
40 Articles
Washington and Caracas announced on Friday, August 28, that they had reached a "historic" oil agreement, which will see the United States take majority control of more than 65 billion barrels of Venezuela's reserves.
US controls 65 billion barrels with concessions for 100 years - The agreement opens a new chapter for energy security, prices, OPEC and geopolitical competition with China
Leases for rent. It is a hundred years of extraction. The USA snatch 65 billion barrels of oil to Venezuela. About 20% of the country's total reserves. Washington will then control 55% of the actual production between equity participation and preferential purchases of crude oil at a cost price of 17 oil fields currently operating. [...] The article Trump squeezes Venezuela: to the U.S. control of 65 million barrels. •So we will reduce the prices…
After U.S. captures president, Trump lands ‘world’s biggest oil deal’ with 65 Billion barrels in South America but still buys $8 Billion in oil from 2 African nations
Nearly eight months after the U.S. military captured the Venezuelan president, Nicolás Maduro Moros, recent reports reveal that the U.S. has now secured majority control over Venezuela's massive oil reserves.
Trump changes the rules of Venezuelan oil. The president of the United States announced Friday an agreement with the interim president of Venezuela, Delcy Rodr guez,...
US President Donald Trump announced that they have reached an agreement with Venezuela covering the country's proven oil reserves of more than 65 billion barrels. The agreement includes the development of 17 strategic oil fields and over $100 billion in private sector investment.
Coverage Details
Bias Distribution
- 57% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
