NewzVenezuelan interim President Delcy Rodríguez announced the specifics of a new 25-year bilateral oil agreement with the United States on Saturday. The project involves the development of 17 strategic oilfields within Venezuela, marking a significant shift in the management of the nation's energy resources.
This development follows statements from U.S. President Donald Trump, who indicated that a majority of Venezuela's oil reserves would come under U.S. control. The agreement formalizes the partnership between the two nations regarding the extraction and oversight of these strategic assets.
In-depth summary · AI, neutral