The agreement that allows the United States to take control of over 65 billion barrels in proven oil reserves of Venezuela was classified by experts as an imperialist conduct. The analysis highlights that the measure would be aimed exclusively at meeting the needs of the American government.
The value of the oil reserves involved in the agreement exceeds 65 billion proven barrels. Control of these reserves represents an energy resource of great strategic and economic relevance.
The signing of the agreement between the two countries raised an alert for other Latin American nations. Experts point out that the situation may serve as a precedent for similar actions against other countries in the region.
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