EconomyVenezuela says it retains sovereignty after 25-year US oil deal

Name: Venezuela says it retains sovereignty after 25-year US oil deal
Uploaded: 2026-08-30T13:47:17.000Z
Description: Venezuela says it will retain sovereignty over its resources despite a 25-year oil agreement with the United States, under which Washington would control a fifth of its reserves. Donald Trump called it the biggest oil deal in history, while Caracas said the US$100 billion investment could revive the Venezuelan economy.

Venezuela says it will retain sovereignty over its resources despite a 25-year oil agreement with the United States, under which Washington would control a fifth of its reserves. Donald Trump called it the biggest oil deal in history, while Caracas said the US$100 billion investment could revive the Venezuelan economy.

CNA 2026-08-30 13:47