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US defends Venezuela oil deal as Chevron expands, citing China/Russia expulsion
Financial Times·US · VE · CN·1 day ago
Venezuelan Vice President Delcy Rodríguez signed agreements with Chevron and ENI, with US Energy Secretary present, as Chevron announced $7 billion in new investment over five years. This marks a significant deepening of US-Venezuela energy engagement, likely tied to sanctions relief and geopolitical realignment, though implementation risks remain.
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