US and Venezuela sign $100B oil deal
The United States and Venezuela announced the signing of an oil agreement described by U.S. President Donald Trump as "the largest oil deal in history." The agreement aims to boost American investments in the Venezuelan oil sector in exchange for Washington securing a controlling stake in a significant portion of the country's oil reserves, with investments estimated at around $100 billion. The deal includes substantial expansions in the exploitation of oil resources and the enhancement of American influence in the region.
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