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Trump Says US Secured Control of Some Venezuelan Oil Reserves
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesSanctions & Export ControlsTrade Policy & Supply Chain
President Donald Trump said the US and Venezuela have agreed on a deal that would give the American government a major stake in Venezuela’s oil reserves. While specific terms and timing weren’t provided, the announcement is likely to be significant for energy supply and broader sanctions/remit expectations tied to Venezuela.
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