Trump says US reaches deal with Venezuela to control 65 billion barrels of country’s oil reserves
Americas2 sources2 countries🔦 Under-reported49m ago
On Friday night, US President Donald Trump announced that the United States has reached an oil agreement with Venezuela's interim government, led by acting president Delcy Rodríguez. The deal grants Washington majority control over more than 65 billion barrels of proven Venezuelan crude reserves, representing about 21 percent of the nation's total reserves, through a new oil company in which the US will hold 55 percent of the output.
According to President Trump, the arrangement was executed at his direction by Secretary of State Marco Rubio. Trump stated that the agreement will more than double American oil reserves, increase overall oil supply, and lower domestic gas prices.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
Egypt Independent (Cairo, Egypt) (EG)Focuses on Trump's stated domestic benefits of lower prices and doubled reserves.
MercoPress (LatAm) (UY)Emphasizes the structural terms of the deal and confirmation by Venezuela's interim president.
Newz