Donald Trump announces “largest oil deal in world history” between the United States and Venezuela
More than 65 billion barrels: the agreement plans to develop 17 strategic fields.
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Donald Trump announced a major oil agreement between the United States and Venezuela, covering the development of 17 strategic fields representing a potential of 65 billion barrels.
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Why It Matters
The agreement provides for the development of 17 strategic fields in Venezuela.
More than 65 billion barrels: Donald Trump announces the “largest oil deal in world history” between the United States and Venezuela
The agreement plans to develop 17 strategic fields, with proven potential of 65 billion barrels of oil for the United States, an investment of more than $100 billion and more than $209 billion in tax revenue for the Venezuelan state.
Open Questions
- What are the exact conditions for implementing the agreement?





