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Trump floats Venezuela as 51st state, shows tanker he says carries one million barrels of oil

Tanker display in Texas

At a campaign rally in Texas on Tuesday, Trump showed off a tanker and said it had “one million barrels of oil on it” from Venezuela. The appearance came nine months after he deposed the country’s president. Trump called the agreement with Venezuela’s interim government the “greatest oil victory in history.” He claimed it would cover billions of barrels.

Statehood suggestion and ambitions

Trump suggested Venezuela might become the United States’ 51st state. He has also spoken of acquiring Greenland, Canada and Mexico.

Fuel prices and Iran war

Trump said US fuel prices would soon fall sharply. Prices had surged after the Iran war began, adding pressure to Americans’ cost of living. The article says the oil agreement’s urgency stems from Trump’s decision to enter the war with Iran in February. Gas prices have risen nationwide since Iran closed the Strait of Hormuz, which carries 20% of global oil supplies.

Key points

  • Trump displayed a tanker he said held one million barrels of Venezuelan oil.
  • He suggested Venezuela could become the United States’ 51st state.
  • Trump said the agreement with Venezuela’s interim government could cover billions of barrels.
  • Fuel prices rose after Iran closed the Strait of Hormuz.
Read the original on the Guardian ↗

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