Venezuela Gives Up Oil, And Trump Gains Power
Deal covers 65 billion barrels and billions in investment, raising questions over US influence in Venezuela
Marcelo Camargo/Agência Brasil — Archive
Venezuela confirmed on Saturday, August 29, the oil agreement announced one day earlier by Donald Trump as “the largest oil deal in world history.” Interim President Delcy Rodríguez described the pact as historic and said it could accelerate the country’s economic recovery. But behind the promise of reconstruction lies a difficult political question: how much power is Caracas handing Washington in exchange for it?
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Filed under: politics | DonateToRead