🚨BREAKING: The White House has officially published the full terms of the US-Venezuela oil deal, granting 100-year concessions across 17 oil fields holding 65 BILLION barrels.
Here's what the US gets:
- 35% equity stake at ZERO cost to taxpayers
- Right to buy 20% of all production at cost
- First refusal on the remaining 80%
- Veto power over board appointments
- Deal more than DOUBLES American oil reserves
Here's what Venezuela gets:
- Up to $100 BILLION in infrastructure investment
Roughly $200 BILLION in royalties over 25 years
- US oil company NABEP will take over fields previously operated by Chinese and Russian companies.
Trump calls it "the biggest oil deal in world history."
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3September 1, 2026 2.1K 13
