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America Finalizes Gold Deal with Venezuela Amidst US Iran War News
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Trump Secures Massive Venezuela Gold Deal Amid Iran Tensions
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News18
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05-03-2026, 10:41
Trump Secures Massive Venezuela Gold Deal Amid Iran Tensions
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US finalizes major gold deal with Venezuela's state-owned Minerven, diverting attention from Iran conflict.
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Venezuela to sell 650-1000 kg of Gold Dore bars to Trafigura for American refineries.
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Deal, facilitated by US Secretary Doug Burgum, signifies evolving US-Venezuela economic cooperation and geopolitics.
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Valued at hundreds of millions of dollars, this is the third major resource extraction contract under the Trump administration.
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US lawmakers divided: some allege US control over Venezuela's resources, others cite market access benefits.
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