What we know about Trump's deal giving U.S. access to vast oil reserves in Venezuela - PBS
What we know about Trump's deal giving U.S. access to vast oil reserves in Venezuela - PBS
Source: PBS
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DW NOTE
The U.S. has sanctioned Venezuelan oil for seven years, cut diplomatic ties, recognised a parallel government, and frozen $7 billion in state assets. Now Trump wants access to the reserves. That's not a deal — it's a U-turn dressed up as strategy because the Strait of Hormuz is still shut and WTI is down 26% from its yearly high but still 15% above pre-closure levels.