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Venezuela says Trump's historic oil deal targets 1.5M barrels per day, could generate $200B
Source: foxbusiness.com
Geopolitics & WarEnergy Markets & PricesSanctions & Export ControlsTrade Policy & Supply Chain
Trump announced a major U.S.-Venezuela oil deal, claiming the U.S. secured majority control of Venezuela’s proven reserves of over 65 billion barrels. If implemented, the arrangement could meaningfully expand perceived future supply and alter oil supply expectations, with potential knock-on effects for energy prices and related geopolitics.
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