GLOBEALERT
BUSINESSLOW1d ago · Sep 7, 2026, 3:50 AM

Venezuela clarifies it maintains "control and ownership" of its oil after agreement with the U.S.

Clarín · south america

Venezuela reaffirms its control over crude oil following a pact with the U.S. involving 65 billion barrels and aiming to attract foreign investment. The Minister of Hydrocarbons emphasizes that the 25-year agreement does not compromise sovereignty and will be evaluated by the Chavista-controlled Parliament.

GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.

More in Business