Why Trump’s 65B Venezuela Oil Deal Matters for Bitcoin and Stocks
- Trump’s 65B-barrel Venezuela oil deal shifts the global supply outlook.
- Lower energy prices could ease inflation and give the Fed more room to cut rates.
- Falling yields would support Bitcoin, the Nasdaq and other risk assets.
President Trump just announced what he calls the “biggest oil deal in world history”. The U.S. has secured majority control of more than 65 billion barrels of Venezuela’s proven oil reserves.
Notably, that’s about 21% of Venezuela’s total reserves, which are estimated at around 303 billion barrels. The deal is a public-private partnership. According to a U.S. official, Venezuela’s interim government gave a joint venture a 100-year concession to operate the oil fields.
Trump says the deal will more than double U.S. oil reserves and eventually lower gas prices for Americans. For traders, the announcement matters less than what …
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