
U.S. Negotiates Potential Stake in Venezuelan Oil Fields to Boost Reserves
American officials are reportedly in advanced discussions with Venezuela regarding a possible investment in the country’s oil infrastructure. The move aims to secure additional crude supplies as U.S. strategic petroleum reserves approach their lowest levels in four decades.
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US Nears Deal for Stake in Venezuela Oil Fields, Axios Says
The Trump administration is in talks with Venezuela to take an ownership stake in the Latin American nation’s oil fields, Axios reported.
By Patricia Laya and Joe Ryan
Read full article →US in talks with Venezuela to acquire stake in country's oil fields as strategic reserves fall to 40-year-low: Report
US and Venezuela are reportedly nearing a deal for Washington to acquire stakes in over a dozen Venezuelan oil fields, potentially boosting US oil reserves.
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