4 Hrs
Source:
عربية – DW
Trump reveals Venezuela oil agreement
President Donald Trump announced an unprecedented American campaign to take control of more than 65 billion barrels of Venezuelan oil reserves through a partnership with the U.S. private sector, aiming to revive Venezuela's declining oil sector and reduce fuel prices in the United States. The full details of the agreement's structure and the companies involved have not been disclosed, but it is expected to attract investments totaling around $100 billion and support the Venezuelan economy through the development of 17 strategic oil fields. The goal of the agreement is to ensure stable, low-cost oil supplies to the United States, while also fostering economic growth and energy security in the region.
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