Latest / Venezuela News Today | 2 Min News | The Daily News Now!
U.S. Secures Venezuelan Oil Deal | Venezuela News
The U.S. is locking in control of over 65 billion barrels of Venezuelan oil through a secret joint venture with North American Blue Energy Partners, backed by a Venezuelan tycoon — and the Pentagon’s Office of Strategic Capital is in for a 35% stake. While the White House promises cheaper gas, analysts warn it won’t happen fast: Venezuela’s crumbling infrastructure, outdated pipelines, and heavy crude incompatible with many U.S. refineries create massive hurdles. Even as Chevron sees stock gains, the real winners may be American energy giants — not consumers — as geopolitical chaos, refinery…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.