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Big oil deal between USA and Venezuela

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Donald Trump talks about a new deal. He calls it the biggest oil deal in history. The USA now controls much oil in Venezuela. It is about over 65 billion barrels of oil. A barrel is a big container with 159 liters.

This deal costs the tax payers no money. Private firms help with the deal. The oil shall make gas in the USA cheaper. Venezuela shall get richer by the deal. Private firms put nearly 100 billion dollars there.

Before there was much fight between the lands. US soldiers catch the old boss Nicolás Maduro. Now Delcy Rodríguez leads the land for a short time. She works close with the US government. Venezuela has the biggest oil places in the whole world.

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Definitions

Barrel
A barrel is a measure for the amount of oil. A barrel is exact 159 liters.
Tax payer
People and firms pay money to the state. With this money the state builds roads or schools.

People

Donald Trump
Donald Trump is the president of the United States of America.
Delcy Rodríguez
She leads Venezuela for a short time.
Nicolás Maduro
He was the boss of Venezuela for a long time. US soldiers catch him.

Locations

Venezuela
A land in the north of South America. It has much oil.
USA
A big land in North America, short for United States of America.

Sources

Logo Al Jazeera
Al Jazeera

Trump announces ‘biggest oil deal in world history’ with Venezuela

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Logo Spiegel
Spiegel

Venezuela: USA sichern sich Kontrolle über riesige Ölvorkommen

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Logo VOL
VOL

Trump verkündet bedeutendes Öl-Abkommen mit Venezuela

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la Repubblica

Usa, maxi intesa sul petrolio con il Venezuela. Trump: “Da noi 65 miliardi di barili, raddoppiate le riserve”

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