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U.S.–Venezuela oil pact promises control, but defines it loosely
The agreement centers on a multidecade development of 17 Venezuelan fields, mobilizing over $100 billion and targeting 1.5 million barrels per day.
President Trump announced a “historic” accord giving the United States control—often described as majority control—over more than 65 billion barrels of Venezuelan oil, while Caracas framed it as a ...
