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Venezuela Vows to Retain Control of Its Oil Resources
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia /Energy & Infrastructure

Venezuela Vows to Retain Control of Its Oil Resources

From Utusan Malaysia · () Malay

Translated from Malay and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Venezuela's interim leader Delcy Rodriguez said the country would retain control of its oil resources under a new agreement granting the United States broad access to its oil industry.
  • The United States will gain majority control of Venezuela's 65 billion barrels in oil reserves, according to the report.
  • US President Donald Trump called it the largest oil deal in world history.

Venezuela's interim leader Delcy Rodriguez has vowed that the country will retain control of its oil resources under a new agreement that gives the United States broad access to Venezuela's oil industry.

The United States will obtain majority control of 65 billion barrels in oil reserves. US President Donald Trump described the arrangement as the largest oil deal in world history.

About this summary

Originally published by Utusan Malaysia in Malay. 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.