OVERNIGHT: Venezuela reveals details of historic US oil deal #shorts
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OVERNIGHT: Venezuela reveals details of historic US oil deal #shorts
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YouTubeFox News
Experts say the U.S. deal for majority control of 60 billion barrels of #oil in #Venezuela is likely to only be a short-term fix for high #gasprices, which have been elevated by the war with Iran. Venezuela will retain ownership over its resources, the country’s interim president Delcy Rodríguez said over the weekend, and stands to make $209 billion in revenue.
1:14
Experts say the U.S. deal for majority control of 60 billion barrels of #oil in #Venezuela is likely to only be a short-term fix for high #gasprices, which have been elevated by the war with Iran. Venezuela will retain ownership over its resources, the country’s interim president Delcy Rodríguez said over the weekend, and stands to make $209 billion in revenue.
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Trump announced that the United States secured a deal for $65 billion of oil from Venezuela. Is that accurate, like @Political Education says? The deal isn’t quite like that. The agreement gives a private company rights of access to oil fields in Venezuela and the United States government will secure the loans needed for that company to operate in exchange for profit-sharing, if any, and the ability to buy some of that oil at cost.
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