Remarkable US oil deal puzzles analysts - and angers many Venezuelans
Amounting to 65 billion barrels of crude, the deal is labelled by one ex-envoy as a colonialist "fever dream".
Coverage by Political Leaning
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Notable Quotes
"the biggest oil deal in world history"
— Donald Trump , Politician
"historic, and would generate $100bn in investment and more than $200bn in tax revenue"
— Delcy Rodríguez , Politician
"This is a terrible deal. [Rodríguez] has given away 20% of the national patrimony for nothing"
— Elliott Abrams , Politician
"shifting the geopolitical centre of the global energy markets"
— Doug Burgum , Politician
"It's important to know who will manage those resources and for what purpose"
— Luis Pacheco , Academic
Key People
Interim President of Venezuela who signed an amnesty bill approved by the National Assembly.
Former president of the United States known for his aggressive economic policies.
Interior Secretary involved in the approval process of clean energy projects.
Elliott Abrams is a former U.S. special representative on Venezuela and Iran.
Luis Pacheco is associated with the Baker Institute at Rice University.
Locations
All Coverage
Amounting to 65 billion barrels of crude, the deal is labelled by one ex-envoy as a colonialist "fever dream".
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