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AL24 News
Trump unveils large Venezuela oil deal
An agreement has been announced between the United States and Venezuela that allows the U.S. to control over 65 billion barrels of proven oil reserves in Venezuela. The deal includes the development of 17 strategic fields through investments exceeding $100 billion, with the aim of significantly increasing oil production and boosting the Venezuelan economy. Venezuela's interim president, Delsy Rodríguez, welcomed the agreement, considering it a historic step that will contribute to rebuilding infrastructure and generating substantial revenue for the country. This agreement results from intensive negotiations between the two sides, with the possibility of signing additional agreements next week that would grant new rights to American companies for investment and oil exploration in the country.
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