What’s in the US-Venezuela ‘biggest oil deal in world history?’

Author: Soraya LenniePublished on: August 29, 2026Country: Venezuela

PoliticsBusiness & Economy

What’s in the US-Venezuela ‘biggest oil deal in world history?’

US President Donald Trump announced that a deal between the US and Venezuela would give the US control over 65 billion barrels of Venezuelan oil. Critics have labeled the deal as predatory. The details of this agreement and its implications are still to be clarified.

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