Trump touts US has 'tremendous' amount of Venezuelan oil, vows to 'take care' of Cuba after Iran focus
President Donald Trump declared Saturday that the U.S. is "taking out tremendous amounts of oil" from Venezuela while vowing to "take care" of Cuba’s regime following America’s focus on Iran....
By Fox News · Fox News
President Donald Trump declared Saturday that the U.S. is "taking out tremendous amounts of oil" from Venezuela while vowing to "take care" of Cuba’s regime following America’s focus on Iran. The president, speaking at the Shield of the Americas Summit in Florida, prefaced his remarks by saying that since the January operation to capture former Venezuelan dictator Nicolás Maduro, the administration has "been working closely with the new president of Venezuela, Delcy Rodriguez," and, "she’s doing a great job working with us." "And we're taking out tremendous amounts of oil. They're making more money now than they've ever made, ever made. We have the big oil companies in. They are making more money, we’re getting some," Trump said. "They're getting a lot. They're making more money now than they've ever made in the history of their country." "And I'm pleased to say that this week we have formally recognized the Venezuelan government. We've actually legally recognized them. We have also just reached a historic gold deal that's called the gold deal with Venezuela, to allow our two countries to work together to facilitate the sale of Venezuelan gold and other minerals," Trump continued, describing a license issued by the Treasury Department Friday that prohibits people and companies from Iran, North Korea, Russia and Cuba from doing business with Minerven – Venezuela's state-owned gold mining company – among other measures. US RESTORES DIPLOMATIC RELATIONS WITH VENEZUELA AMID PUSH FOR DEMOCRATIC TRANSITION "As we achieve a historic transformation in Venezuela, we're also looking forward to the great change that will soon be coming to Cuba. Cuba's at the end of the line," Trump also said. "They're very much at the end of the line. They have no money, they have no oil. They have a bad philosophy. They have a bad regime that's been bad for a long time. And they used to get the money from Venezuela. They get the oil from Venezuela, but they don't have any money from Venezuel…