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US and Venezuela Oil Deal Unfolds | Pakistan News
The U.S. and Venezuela are forging a new oil partnership, with Secretary of State Marco Rubio touting cheaper, steadier supplies for America—and nearly $100 billion in private investment for Venezuela. Interim leader Delcy Rodriguez is pushing to revive 17 key oil fields, signaling a major shift in U.S.-Venezuela energy ties. But experts warn gas prices won’t drop fast—Venezuela needs years to rebuild infrastructure and ramp up heavy crude production. Meanwhile, the U.S. eyes Venezuela’s oil as a long-term reserve solution, making this one of the most consequential energy developments in…
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