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US-Venezuela energy pact: What we know about Trump’s ‘biggest oil deal in world history’

Americas 1 source 1 country 🔦 Under-reported 50m ago

The United States and Venezuela have entered into a 25-year energy partnership aimed at revitalizing Venezuela's oil industry and increasing its production capacity. The agreement grants the United States rights to unexplored oil reserves for a period of 100 years.

The deal is being characterized by the Trump administration as the largest oil agreement in global history. The partnership is intended to address the long-standing decline of the Venezuelan energy sector through significant foreign investment and operational cooperation.

In-depth summary · AI, neutral
Read the full story at the source Times of India · IN
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