WATCH: ‘We want it back’: Trump demands Venezuela return ‘land, oil rights’ to U.S.
Summary
President Donald Trump stated that he wants Venezuela to return assets and oil rights previously taken from American companies. These assets were seized in 2007 when Venezuela nationalized oil fields under then-President Hugo Chavez. Trump criticized past U.S. leaders for not addressing this issue sooner.Key Facts
- Venezuela took assets from American oil companies in 2007.
- This happened after the nationalization of oil fields under Hugo Chavez.
- President Trump spoke about this at Joint Base Andrews.
- He criticized past U.S. presidents for not responding to the seizure.
- Trump said he wants the U.S. to get back the land and oil rights.
- The issue involves assets the U.S. had before in Venezuela.
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