US President Donald Trump announced a major oil deal with Venezuela. This agreement covers sixty-five billion barrels of oil and aims to lower global energy costs. The deal is expected to boost Venezuela’s oil production significantly over time. Experts, however, believe immediate price changes are unlikely due to infrastructure needs. Trump also linked this policy to wider US interests in the Western Hemisphere. US President Donald Trump announced a major oil deal with Venezuela. This agreement covers sixty-five billion barrels of oil and aims to lower global energy costs. The deal is expected to boost Venezuela’s oil production significantly over time. Experts, however, believe immediate price changes are unlikely due to infrastructure needs. Trump also linked this policy to wider US interests in the Western Hemisphere.
Trending
- UPI MDR will fund innovation, protect small merchants: NPCI’s Dilip Asbe
- Kurt Weill’s former NY estate restored for 33 years now asks $1.995m
- Fortis investors flag legal overhang after Delhi HC order
- From tariff overlord to tarmac man, Trump to roll out red carpet for Xi
- Trump touts Venezuela oil deal, says it will drive down energy prices worldwide
- Meet Shriyan Avadhanula,Virginia student who built a free college-prep platform after getting frustrated by paid resources
- Idaho farm bought for $87.50 an acre in 1916 earns official Century Farm status
- Gauhati University, Thailand discuss academic, research collaboration