U.S. Gains Stake in Venezuela’s Oil | Hattiesburg News

A major U.S. energy breakthrough just landed: Trump’s administration secured a historic deal granting America a 55% stake in Venezuela’s vast oil reserves—potentially 65 billion barrels across 17 fields—via a new private company. While touted as a game-changer for American gas prices and Venezuela’s economic revival, experts warn the country’s crumbling infrastructure will take years and billions to fix. Critics call it a betrayal of Venezuelan sovereignty, while Democrats accuse the White House of rewarding Maduro’s regime and risking troops for billionaire backers. The identity of the private operator remains secret, and big U.S. oil giants like Chevron and Exxon are staying silent—raising doubts about whether this deal will ever deliver on its promises. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7099b5ee9342367b