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US secures majority control of 65B barrels of Venezuelan oil via private deal
South China Morning PostLO·US · VE · CN·2 days ago
Venezuela's interim government, through Minister Paula Henao, asserts it retains control and ownership of oil assets following an agreement with the US, while confirming that existing agreements with Russia and China remain in force. The statement aims to clarify the scope of the US deal and reassure international partners, though details of the agreement remain undisclosed. This matters as it signals potential shifts in Venezuela's oil diplomacy and could affect global supply dynamics.
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