Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

What we know about Trump's deal giving US access to vast oil reserves in Venezuela

Washington: Besides a social media post from President Donald Trump, the White House has said little about what he is calling "THE BIGGEST OIL DEAL IN WORLD HISTORY" in Venezuela.

Trump said the agreement announced Friday night would give the United States a stake in Venezuela's vast oil reserves, a step toward his goal of extracting energy from the country after American forces captured then-President Nicolas Maduro in a middle-of-the-night raid in January and brought him to New York to face federal drug trafficking charges.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.