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Trump: Venezuela decides on OPEC exit
U.S. President Donald Trump stated that Venezuela's decision to withdraw from OPEC is within its authority, attributing responsibility to Caracas for its choice. He confirmed that the United States will continue to exert partial control over Venezuela's oil reserves following a new agreement, under which ExxonMobil will enter the Venezuelan market. Trump also expressed a strong stance toward Iran, emphasizing that it will not be allowed to acquire nuclear weapons and describing Iran as a "failed state." He reaffirmed ongoing efforts to protect ships passing through the Strait of Hormuz, through which approximately 30 ships transit daily, and noted that oil prices remain stable.
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