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The Washington Post has revealed that the oil agreement between the United States and Venezuela aims to control approximately a quarter of Venezuela's untapped oil reserves and to develop 17 oil fields estimated to hold a total of around 90 billion barrels. The deal includes the creation of a joint oil company in which the United States will hold a significant stake for a period of 100 years, with expected revenues exceeding $100 billion. Its objectives are to increase U.S. oil production, fill the strategic reserves, and reduce gas prices for consumers. This cooperation comes at a time when Washington maintains significant influence in Venezuela following the ousting of Maduro, amidst objections from within the Venezuelan opposition regarding the legitimacy of the agreement.
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