Donald Trump's Statement on Oil Agreement with Venezuela

Serdar HocamAuthor & Editor

The details and official text of the announced major oil agreement between the US and Venezuela have not yet been published, raising questions.

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Questions mount on Trump’s Venezuela oil deal

US President Donald Trump announced that a historic agreement has been reached with Venezuela granting rights to 65 billion barrels of oil, while Venezuelan interim president Delcy Rodríguez also confirmed the development.

Announcement of the Major Oil Agreement

United States President Donald Trump announced late last week that they had signed one of the world's largest oil agreements with Venezuela.

This major announcement drew the attention of the international community regarding relations and energy policies between the two countries.

Scope and Details of the Agreement

In line with this consensus reached, it was reported that the United States was granted rights over 65 billion barrels of oil from the country's massive reserves.

In his remarks on Sunday, US President Trump described this oil as a gift from Venezuela and stated that strategic reserves would be filled in a very short time.

Official Approval and Unanswered Questions

The oil agreement in question was also officially confirmed by Venezuelan interim president Delcy Rodríguez and accepted by the parties.

However, according to information reported by the Associated Press, no official text regarding the agreement has been shared with the public yet, and many questions remain unanswered.