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Venezuela's Historic Oil Deal Under Fire | Venezuela News
Venezuela’s acting president Delcy Rodríguez is hailing a landmark energy pact with the U.S. as a path to national prosperity, touting private firms taking over 17 oilfields for 25 years—home to 65 billion barrels—with a target of 1.5 million barrels daily at $65 per barrel. Venezuela would pocket just $19 per barrel, potentially generating $200 billion over the term. Rodríguez credits Trump and Rubio, framing it as a Western Hemisphere win, while critics warn it’s a financial downgrade from Chávez-era revenue models. Trump sees it as a strategic oil boost, possibly securing a 55% stake in…
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