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Trump Secures Venezuelan Oil, Aims to Boost U.S. & Venezuelan Economies
Published 4 days, 16 hours ago
Description
President Trump announces Venezuelas interim authorities will hand over 30-50 million barrels of oil to the U.S., with proceeds benefiting both nations. The move comes after authorizing military action against Maduro and with new interim president Delcy Rodriguez signaling cooperation. Despite Venezuelas vast reserves, mismanagement and sanctions have cut output. Trump directs Energy Secretary to expedite the process, with storage ships unloading oil directly to U.S. docks. Economist Peter Morici suggests this wont immediately impact U.S. economy, but could ease prices over time and provide a solid step forward for Venezuelan oil.
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