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US Seizes Venezuelan Oil Reserves | Venezuela News
The US and Venezuela just inked a jaw-dropping energy deal: over 65 billion barrels of Venezuelan oil reserves now under US control, hailed by Trump as the biggest oil deal ever. Built on private-sector partnerships across 17 key fields, it promises lower fuel prices and economic revival for Venezuela — though legally shaky, since Venezuela’s constitution treats hydrocarbons as public property. Structured as a potential 100-year lease, the agreement follows Venezuela’s recent pro-US reforms, including tax cuts and privatization. With the US Treasury selectively lifting sanctions and Venezuela…
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