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PoliticsWhy are people calling Venezuela oil deal a new form of US colonialism?

Critics describe the multi-billion-dollar US oil agreement in Venezuela as modern-day colonialism. The deal reportedly gives the United States control of 20 percent of Venezuela’s oil reserves for decades without approval from the country’s legislature.

VenezuelaUnited Statesoil dealcolonialism

AAl Jazeera★★★★☆2026-09-03 22:08Original

Why are people calling Venezuela oil deal a new form of US colonialism?
Why are people calling Venezuela oil deal a new form of US colonialism?Politics