Trump touts deal to tap Venezuela's 65 billion barrels of oil reserves

1 min read
Source: AP News
Trump touts deal to tap Venezuela's 65 billion barrels of oil reserves
Photo: AP News
TL;DR Summary

President Trump said the United States has reached a deal with Venezuela to take control of roughly 65 billion barrels of oil reserves, with oil executives expressing interest but caution about Venezuela's aging infrastructure and political risk that could affect any revival of production.

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