'The Biggest Oil Deal In World History': President Trump Unveils Landmark US-Venezuela Pact To Tap 65 Billion Barrels Of Oil Reserves
Washington: 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. Also Watch: Trump in a social media post announced the agreement he said was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and Venezuela's interim President Delcy Rodriguez. “The United…
President Donald Trump announced on Friday that the United States has entered into a historic agreement with Venezuela, securing control over 65 billion barrels of the South American nation's oil reserves. Trump attributed the deal to negotiations led by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and Venezuela's interim President Delcy Rodriguez.
The announcement came nearly nine months after U.S. military forces captured Venezuelan President Nicolás Maduro and extradited him to the United States to face charges of narcoterrorism and drug trafficking.
The White House did not provide details on the private sector partners involved in the deal, and the Venezuelan government has yet to respond to a request for comment. Despite decades of damaged infrastructure, the White House insists that the new administration has brought stability to Venezuela. ExxonMobil CEO Darren Woods expressed skepticism about investing in the country, but Trump remains confident in the potential of this partnership.
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