Venezuela to turn over 30-50M barrels of oil
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The United States has a long history of military interventions and support for dictatorships in Latin America.
President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by the US.
Opinion
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For months, the United States has been carrying out a campaign of escalating force against Venezuela—one that now includes dozens of lethal maritime strikes, a naval blockade of “sanctioned” oil
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President Donald Trump said Tuesday night that Venezuela ’s interim authorities will transfer up to 50 million barrels of sanctioned oil to the United States for sale at market prices, with proceeds controlled by his administration to benefit both nations.
After American forces arrested and removed the leader of Venezuela...Rahul Tandon looks at what the future is for the world's largest oil reserve and what can we learn from the country's past. Many US companies were forced out of Venezuela when the oil industry was nationalised in the 1970's.