9 Hrs
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اقتصاد سكاي نيوز عربية
Trump-Venezuela deal leaves $100B question
Bloomberg reported that U.S. President Donald Trump is seeking to strike a deal that would grant Washington a stake in the development of Venezuela’s oil reserves, estimated at around 65 billion barrels. The aim is to lower gasoline prices and bolster American reserves. The move involves creating a new oil company controlled by the United States, which would be granted rights for 100 years to 17 oil fields, with a potential investment of $100 billion—though the source of funding and the seriousness of implementation remain unclear. This deal is viewed as a strategic political and economic move to enhance U.S. energy security ahead of the upcoming midterm elections. However, there are concerns about investment instability and a lack of assurances for the future, especially given the political challenges and skepticism over the likelihood of achieving a significant increase in oil production in the near term.
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