EconomyTrump’s Venezuela Deal Leaves $100 Billion Question Unanswered

President Trump is presenting a deal giving the US a stake in 65 billion barrels of Venezuelan oil as a victory that will cut gasoline prices and restore depleted crude reserves. Whether it can achieve either goal during his presidency remains highly uncertain. People familiar with the matter say Trump pressed for the move after becoming frustrated that ExxonMobil and ConocoPhillips were not increasing Venezuelan production quickly enough.

People in this report Donald Trump