PoliticsOil and politics: What Trump’s ‘historic’ deal means for Venezuela

Venezuelans hope for free and fair elections, but the US may put oil production first. The article says a deal announced by the US and Venezuela would give US control of 65 billion barrels of crude reserves for 100 years, advancing oil-sector privatisation and shaping the country’s political transition. Conflicting accounts have left the agreement’s final terms uncertain.

VenezuelaDonald Trumpoil dealpolitical transition

People in this report Donald Trump

AAl Jazeera★★★★☆2026-09-05 09:11Original