America’s 100-Year Oil Bet on Venezuela: What Trump’s 'Biggest Oil Deal' Really Means
10 Articles
10 Articles
Is the U.S.-Venezuela Oil Deal A Terrible Deal For Venezuela? w/ Ajamu Baraka
Donald Trump and Interim Venezuelan President Delcy Rodriguez have announced a 'historic' oil deal between the United States and Venezuela. Although the terms remain murky, the deal appears extremely favorable to the U.S. government and very bad for Venezuela. In this episode, Dimitri Lascaris discusses the deal with peace activist and former U.S. Vice-Presidential candidate, Ajamu Baraka. Ajamu and Dimitri also discuss the attitude of Democrati…
The US–Venezuela Oil Pact in Critical Historical Context
By William Serafino – Sep 06, 2026 It is irresponsible to assert categorically that the US–Venezuela oil pact is beneficial [for Venezuela], especially if it is evaluated in isolation from issues such as external debt and fundamental political and geopolitical variables. Yes, what was formally announced in terms of royalties and taxes allows for projecting, […]
Two economists estimate that the country will lose at least $16 billion according to the terms of the agreement, which deals 17 oil fields to Alejandro Betancourt’s companyTrump supports its “protected” in Venezuela with an oil deal full of unknowns: “The future of the country is mortgaged” “The best oil agreement in history.” So Donald Trump called the agreement with Venezuela that he announced on August 28 on his Truth Social network and that …
The terms of the oil deal struck between Washington and Caracas continues unclear. US control over Venezuelan oil reserves will not make up for the bars lost in the Middle East anytime soon.
America’s 100-year oil bet on Venezuela: What Trump’s 'biggest oil deal' really means
The US-backed Venezuela oil agreement could give Washington an extraordinary stake in nearly 65 billion barrels of proven reserves through 100-year concessions. But turning that underground wealth into more oil will require billions of dollars, rebuilt infrastructure, higher production and, perhaps most importantly, political stability. Here’s what the deal actually gives the US, what Venezuela needs to deliver and where the biggest risks lie.
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