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US-Venezuela energy pact: What we know about Trump’s ‘biggest oil deal in world history’

In a landmark move, the United States and Venezuela have forged a 25-year energy partnership designed to uplift Venezuela's ailing oil sector and enhance production capabilities. Under this agreement, rights to unexplored oil reserves will be held for a century, with the U.S. claiming fifty-five percent of the new venture's output. This collaboration promises to inject significant investments and generate tax income for Venezuela.

Where: United States

Exact coordinates

united states: 37.090, -95.710

Read it at The Times of India See this on the map

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US-Venezuela energy pact: What we know about Trump’s ‘biggest oil deal in world history’
What might happen next? AI-generated

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