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What are the implications of the US-Venezuela oil deal?
Aug 31, 2026
✦Al Jazeera Online

What are the implications of the US-Venezuela oil deal?

A new deal between Caracas and Washington gives US companies access to over a fifth of Venezuela’s vast oil reserves. While the interim leader said the plan will help the country’s recovery, many people in Venezuela started to show opposition. Experts now debate if the agreement is actually legal today.

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