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Trump announces new US oil agreement with Venezuela
Power & DiplomacyThe Guardian29 Aug, 05:31 amAtlasHour
Power & Diplomacy

Trump announces new US oil agreement with Venezuela

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves. The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with ⁠private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth...

Source-linkedAtlasHour DeskThe Guardian29 Aug, 05:31 am

What happened

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.

Why it matters

AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.

Global context

The story is being tracked through Crude Oil.

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Crude Oil

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Why It Matters

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AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.

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Key Facts

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The Guardian

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