Trump and Venezuela's oil: what does the "historic" agreement giving the U.S. access to 65 billion barrels mean?

Trump and Venezuela’s oil: what does the “historic” agreement giving the U.S. access to 65 billion barrels mean?

The oil agreement between Venezuela and the United States opens the door to a multimillion-dollar capital injection to recover an industry hit by years of deterioration. However, analysts warn that turning Venezuela’s huge reserves into increased production will depend on sustained investments, legal security, and strong institutions.

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