Trump Says Caracas Will Decide Whether Venezuela Remains in OPEC
Translated from Spanish and summarized by DistantNews. Read the original for the full story.
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- Donald Trump said Caracas will decide whether Venezuela remains in OPEC.
- He said an agreement with Delcy Rodríguez’s government would give the United States control of 20% of Venezuela’s oil reserves.
- The leaders said the deal would support production of 1.5 million barrels per day, strengthen Venezuela’s economy and reduce U.S. gasoline costs.
Donald Trump said Venezuela itself will decide whether to remain in OPEC, while describing an agreement that would give the United States control of 20% of the country’s oil reserves.
The agreement involves the government of Delcy Rodríguez, according to Trump’s statement. It would allow Venezuela to extract 1.5 million barrels of oil per day.
Trump and Rodríguez said the arrangement would boost Venezuela’s economy and lower gasoline costs in the United States. The account did not provide further details about the agreement or explain how control of the reserves would be structured.
About this summary
Originally published by Clarín in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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