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Venezuela’s Assembly Backs Oil Deal Announced with U.S

Summary by WTVB
CARACAS, Sept 1 (Reuters) - Venezuela's ruling party-dominated National Assembly backed the ​country's oil deal with ‌the Trump administration in a vote on Tuesday, ahead of a visit to ‌Caracas ​by the ⁠U.S. Energy Secretary. The unprecedented ⁠deal fo...

28 Articles

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Center

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·Helsinki, Finland
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Lean Right

The Venezuelan National Assembly, dominated by the ruling party, endorsed on Tuesday the oil agreement that gives to the United States the exploitation of one fifth of the country's oil reserves, said a journalist from AFP.

·Guayaquil, Ecuador
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Lean Left

The agreement allows the United States to exploit 17 Venezuelan oil fields whose potential is estimated at 65 billion barrels. Venezuela estimates the creation of wealth over twenty-five years at 209 billion dollars.

·Paris, France
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(Mexico City = Yonhap News) Correspondent Song Gwang-ho = On the 1st (local time), the Venezuelan National Assembly... signed between the Delcy Rodríguez government of Venezuela and the Donald Trump administration

·Seoul, Korea (the Republic of)
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Center

Caracas, 1 Sep (EFE).- The Venezuelan Parliament supported this Tuesday with the vote of Chavismo and the dissent of the opposition the oil agreement announced by Caracas and Washington, which will have a validity of 25 years and the objective of producing 1.5 million barrels more per day.During an extraordinary session, transmitted in [...] The entry The Venezuelan Parliament supports the oil agreement announced by Caracas and Washington was fi…

Lean Right

The Venezuelan legislature approved an energy pact with the US to raise oil production by 1.5 million barrels a day.The agreement seeks to create 3.6 million jobs and secures sovereignty over resources, although some opponents expressed reservations.

·Buenos Aires, Argentina
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  • 37% of the sources are Center, 36% of the sources lean Right
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resumenlatinoamericano.org broke the news on Tuesday, September 1, 2026.
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