US and Venezuela seal 25-year oil deal
Summary
The United States and Venezuela have signed a 25-year agreement to work together on developing Venezuela’s oil resources. Venezuela will keep control over its oil, and the deal includes 65 billion barrels of oil.Key Facts
- The deal lasts 25 years between the U.S. and Venezuela.
- It covers 65 billion barrels of Venezuelan oil.
- Venezuela’s interim president said the country will keep ownership and control of its oil.
- U.S. President Donald Trump described it as the biggest oil deal in world history.
- The deal aims to help Venezuela develop its oil industry.
- The agreement emphasizes Venezuela’s sovereignty over its resources.
- This deal marks a significant cooperation between the two countries after years of tension.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
