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Scoop: U.S. close to striking "massive" deal for Venezuelan oil fields

The Trump administration is in talks with Venezuela's interim government about taking an ownership stake in the South American country's enormous oil resources, two U.S. officials tell Axios. Why it matters : The historic deal would more than double U.S. oil reserves by drawing from a country that has the world's largest proven reserves. "Calling this deal huge would be an understatement," one of the officials said. "It is massive." Adding pressure to get the deal signed: the wars in Iran and…

Axios

Published by CurrentWire · First coverage

Compiled by CurrentWire News Desk

Summary based on reporting from Axios.

Scoop: U.S. close to striking "massive" deal for Venezuelan oil fields
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Signal breakdown

CurrentWire ranked this story 66.4 of 100 in the snapshot this page was rendered from.

Freshness
30.4 of 35
Source authority
14 of 20
Coverage breadth
4 of 20
Geographic relevance
10 of 10
Story prominence
8 of 10
Velocity
0 of 5

Strongest signal: geographic relevance, 10 of 10. How each signal is calculated.

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