U.S. Administration Eyes Venezuela’s Critical Minerals
After signing what President Donald Trump touted as “the biggest oil deal in world history” to take majority control of 65 billion barrels of proven crude oil reserves in Venezuela, the U.S. Administration is setting its sights on the South American country’s potentially vast gold and critical miner
Source: OilPrice.com
―
DW NOTE
The U.S. is looking at Venezuelan critical minerals while the Strait of Hormuz is shut and WTI is trading at $95.70. Venezuela holds the world's second-largest lithium reserves and substantial rare earth deposits — resources Washington spent two decades trying to sanction into submission. Now that energy security is a live problem rather than a PowerPoint slide, ideology gives way to geology.