Trump's 'Biggest Oil Deal in World History' Just Created a New Energy Giant -- And Wall Street Completely Missed It
The agreement gives the United States a 35% stake and a guaranteed right to buy 20% of output, officials said.
5 Articles
5 Articles
Trump's 'Biggest Oil Deal in World History' Just Created a New Energy Giant -- And Wall Street Completely Missed It
Washington just handed 100-year control of the world's largest proven oil reserves to a private company most investors have never heard of, and the structure of the deal locks retail traders out completely.
Republicans Push Back on Trump's Venezuela Strategy: Salazar Questions Oil Deal as Ted Cruz Demands Elections
Republican unease over President Donald Trump's Venezuela strategy surfaced over the weekend, as two prominent GOP lawmakers warned that a massive new oil agreement cannot replace the democratic transition Washington promised after Nicolás Maduro's capture.
US to Gain Access to One-Fifth of Venezuela's Oil. 'The Biggest Deal in World History,' Trump Claims
Venezuela's parliament approved a deal on Tuesday that would give the United States access to a fifth of the South American country's proven oil reserves, the speaker of the National Assembly, Jorge Rodríguez, said in a statement, according to Reuters and AFP. The deal, which US President Donald Trump has described as the largest in world history, was approved by the country's parliament.
Andrés Velásquez questions opacity in an oil agreement of 65 billion and warns that it is signed with an illegitimate government without legal certainty. The entry Andrés Velásquez demands elections after oil agreements: “They are signing with a government that has no legitimacy” #31Ago was first published in El Impulso.
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