Trump touts Venezuela oil deal, says it will drive down energy prices worldwide
US President Donald Trump on Tuesday said the oil deal between the United States and Venezuela will help drive down energy costs around the world, describing it as the "largest oil deal in history" and saying it covers 65 billion barrels of oil.Speaking at the UN General Assembly, Trump said the agreement would benefit both Venezuela and the US, while adding that major global oil companies were entering Venezuela."The biggest oil companies in the world are going in [to Venezuela], and the numbers are absolutely incredible," Trump said.Trump highlights 65 billion barrels of oilTrump said the US and Venezuela had signed an agreement covering 65 billion barrels of oil, which he said would "benefit both Venezuela and the United States enormously and help drive down the cost of energy all over the world".He also said the two countries together "have more than 60% of the oil in the world".The deal…
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in