Trump announces deal to take control of 65 million barrels of Venezuela's oil preserves
President Trump announced a deal to have majority control of more than 60 billion barrels of proven Venezuelan oil reserves. Amy Jaffe, the director of the Global Energy, Climate, and Sustainability Lab at New York University, joins CBS News with more.
Nicolás Maduro, the former leader of Venezuela, posted photos of himself smiling from prison in New York on Sunday, following a historic deal between the United States and Venezuela to take control of over 65 billion barrels of the country's oil reserves. The former leader and his wife, Cilia Flores, were captured by U.S. forces in January and accused of drug trafficking and firearms offenses, claims they have denied.
Upon their capture, Vice President Delcy Rodríguez took over as interim president, currently supported by Trump. The couple thanked their supporters in the message, stating they remain "strong, serene, and confident" that "God is with us." The historic deal has been criticized for its lack of transparency and concerns over Venezuela's sovereignty and the legitimacy of the agreement.
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- Maduro reappears following historic oil deal between US and Venezuela buenosairesherald.com
