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Trump orders termination of oil deal with Venezuela

World News

26-02-2025 | 16:07

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Trump orders termination of oil deal with Venezuela

U.S. President Donald Trump on Wednesday announced a reversal of concessions given to Venezuela by his predecessor, Joe Biden, more than two years ago.

In a post on Truth Social, Trump said he was "reversing the concessions" of the "oil transaction agreement, dated November 26, 2022."
That day in 2022 was when the Biden administration allowed

Reuters

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Donald Trump

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Venezuela

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