Deal that will reportedly see US take control of 65bn barrels of Venezuelan oil has provoked outrage in her country ...
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#venezuela / Page 8
President Trump said Sunday he plans to use some of the oil he secured from Venezuela to fill the Strategic Petroleum Reserve, which has been depleted to near-record lows.
U.S. may take a 35% stake in a Venezuela oil venture, with preferential access to production--amid Pentagon denial.
The Texas senator also said the U.S. should arm Iranian protesters in Iran.
Sen. Ted Cruz (R-Texas) tells Meet the Press Venezuela needs to have "democratic free elections" after the U.S. announced an oil deal with the country, which Cruz says could have a "very positive impact on gas prices."
President vows a U.S.-backed venture will lead a Venezuelan oil resurgence.
Trump touts a "biggest oil deal" with Venezuela, but details are scarce.
There are many reasons to be skeptical of the Trump administration's announcement that the U.S. will develop Venezuelan oil.
The announced deal with Venezuela could be fruitful, but political risk remains.
The U.S.-Venezuela oil deal announced on August 28 is about many things, but immediately lowering prices for crude oil and gas at the pump is not among them.