CommoditiesBrief
Trump claims agreement for control of Venezuelan oil reserves
Oil
Size this move (USO) →Former President Donald Trump stated that a deal exists to grant the United States majority control over 65 billion barrels of proven Venezuelan oil reserves. The claim involves a significant portion of Venezuela's total proven oil reserves, which are among the largest in the world. No further details regarding the structure or legal framework of this agreement were provided in the announcement. Monitor official statements from the current administration or Venezuelan authorities regarding the status of these assets.
Source: BBC Business
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