Claims And Facts About Venezuela Oil Deal - It Won’t Save The SPR

U.S. solidifies stake in Venezuelan oil, what’s next?

U.S. and Venezuelan officials have signed off on a deal that will give the United States access to tens of billions of dollars’ worth of Venezuela’s oil reserves.Critics worry the deal will only benefit the U.S. while further eroding Venezuela’s autonomy.

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.

Claims And Facts About Venezuela Oil Deal - It Won’t Save The SPR

Claims about a new oil deal with Caracas are exaggerated. A big error involves the U.S. petroleum reserve—Venezuelan oil is a bad match, while SPR needs serious repairs.

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