Venezuelan interim president offers details on US oil deal
Summary
Venezuelan interim President Delcy Rodríguez shared details about a new 25-year oil deal with the United States. The agreement plans to develop 17 important oilfields, aiming to produce over 1.5 million barrels of oil per day, with much of Venezuela’s oil reserves under U.S. control.Key Facts
- The deal is a 25-year project between Venezuela and the United States.
- It involves developing 17 key oilfields in Venezuela.
- The production goal is more than 1.5 million barrels of oil each day.
- President Donald Trump stated that most of Venezuela’s oil will be controlled by the U.S. under this deal.
- Delcy Rodríguez is serving as the interim president of Venezuela.
- The agreement is described as bilateral, meaning it involves cooperation between the two countries.
- The announcement was made on a Saturday.
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