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EconomyRemarkable US oil deal puzzles analysts and angers many Venezuelans

The US and Venezuela have signed a Caracas agreement giving a US-led company 100-year concessions over 17 oilfields containing 65 billion barrels of crude. Donald Trump and interim President Delcy Rodríguez hailed it as historic, but critics called the terms one-sided and colonialist, while experts questioned the proposed timetable and how the oil revenue would be managed.

US-Venezuela relationsoil dealenergy marketsVenezuela

BBBC News★★★★☆2026-09-01 21:27Original

Remarkable US oil deal puzzles analysts and angers many Venezuelans
Remarkable US oil deal puzzles analysts and angers many VenezuelansEconomy