SECTIONS Venezuelans view US oil deal; Hope Afp · WorldNews · 2026-08-30
Venezuelans view US oil deal with doubt, hope
Venezuelans view US oil deal with doubt, hope. The United States will have majority control of 65 billion barrels of Venezuela's proven reserves. Caracas says the deal involves $100 billion in private investment aimed at revitalizing the industry. But a lack of transparency is raising concerns among Venezuelans, including supporters of the government. We don't know who this will benefit -- whether it's Venezuela or them," says a security guard. Venezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation
Why it matters. Why it matters: Venezuelans view US oil deal with doubt, hope.
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