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U.S. Eyes Venezuela Oil Reserves | Venezuela News
The U.S. is making a bold geopolitical move in Venezuela, securing a 100-year oil partnership with a private firm to tap into 17 key fields — a deal framed as a win for American energy security and a strategic shift away from Chinese and Russian influence. Led by Energy Secretary Chris Wright and backed by North American Blue Energy Partners (a company tied to a former Chavez ally), the agreement grants the Pentagon a 35% stake and the State Department the right to buy 20% of output at cost. While Venezuela’s interim government backs the deal as an economic lifeline, opposition lawmakers…
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