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Venezuela-U.S. Oil Deal Unveiled | US News
Venezuela and the U.S. just signed a landmark 25-year energy deal to pump over 1.5 million barrels of oil daily, reviving Venezuela’s economy and boosting government revenue—while quietly handing American firms partial control of Venezuela’s vast reserves. Seventeen key oilfields are targeted, with eight new blocks on the horizon, as Chevron and others prepare to join the fray. Despite U.S. involvement, Caracas insists full sovereignty remains intact, aiming to attract capital and tech to rebuild its battered energy sector—all while preparing to ink more deals next week that could reshape…
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