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US-Venezuela oil deal grants control of 65B barrels, sparks controversy
BBC NewsLO·US · VE·2 days ago
A new US-Venezuela oil agreement may displace Ecuador's Napo crude from the US market, altering regional crude flows. The deal's terms and volume are not specified, but the shift could pressure Ecuador's export revenues and refine trade dynamics. This marks a potential realignment in Western Hemisphere oil supply.