United States negotiating participation in oil fields in Venezuela
Politics

United States negotiating participation in oil fields in Venezuela

SAPO28 August 2026 at 09:07

The United States is negotiating an agreement with Venezuela's interim government to obtain direct control and participation in the exploration of multiple oil assets in the South American country.

The initiative represents a high-impact geopolitical move, signaling a potential rapprochement between the two countries in the energy sector.

The agreement under discussion would allow the USA to take over the exploration of oil fields in Venezuela, a country that has one of the largest known oil reserves in the world.

Venezuela's interim government would be the main interlocutor in these negotiations, at a time when relations between Caracas and Washington have been undergoing significant changes.

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