US President Donald Trump attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland. (IMAGE: REUTERS)
World
N
News1821-01-2026, 19:43

Trump: Venezuela to 'Do Fantastically Well' After US Oil Deal, Profits Shared

  • US President Donald Trump claimed Venezuela would see a dramatic economic turnaround after an oil deal with Washington.
  • Trump stated Venezuela would make more money in the next six months than in the past 20 years, with oil profits being shared.
  • He criticized Venezuela's past leadership and attributed recent developments to US pressure and cooperation.
  • The remarks followed a US military operation in early January that led to the removal of Venezuelan leader Nicolas Maduro.
  • Venezuela reportedly received $300 million from a US-brokered crude sale, with funds aimed at stabilizing the bolivar and supporting the foreign exchange market.

Why It Matters: Trump predicts Venezuela's economic boom post-US oil deal, emphasizing shared profits and US influence.

More like this

Loading more articles...