Proud of Their Oil, Venezuelans View US Stake in Their Reserves as 'Surrender'

Venezuela Sells Its Oil to Washington and Has No Cash

Venezuela's 2026 paradox: the Pentagon takes a 35% stake in an oil venture while 28 million Venezuelans run short of banknotes. The economy, explained by its contradictions.

Venezuelans Aren’t Happy With the U.S. Oil Deal

Critics have decried the opaque agreement as oligarchic and colonialist.

Proud of their oil, Venezuelans view US stake in their reserves as 'surrender'

Rodríguez is giving the joint venture 100-year rights over 17 oil fields with proven reserves of 65 billion barrels. The nation's total reserves have been estim

Trump administration secures stake in Venezuela's oil industry, complicating China's strategy

The Trump administration secured a 35% stake in Venezuelan oil operator NABEP, gaining access to 65 billion barrels and displacing Chinese energy

Trump administration secures stake in Venezuela’s oil industry, complicating China’s strategy

The US stake in Venezuela's oil reshapes global energy dynamics, challenging China's influence and potentially stabilizing US energy prices. The post Trump administration secures stake in Venezuela’s oil industry, complicating China’s strategy appeared first on Crypto Briefing .