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US energy firms dominate Venezuela deals worth billions
WorldFrance 2403 Sept, 10:15 pmAtlasHour
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US energy firms dominate Venezuela deals worth billions

US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of a huge chunk of its vast oil reserves. President Donald Trump has talked up the agreement on Venezuela's oil reserves as the "biggest oil deal in world history." But the deals have raised major questions about Venezuela's sovereignty, as FRANCE 24's International Affairs Editor Kethevane Gorjestani explains.

Source-linkedAtlasHour DeskFrance 2403 Sept, 10:15 pm

What happened

US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of a huge chunk of its vast oil reserves.

Why it matters

AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.

Global context

The story is being tracked through Crude Oil, USD.

Who is affected

Crude Oil, USD

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Why It Matters

The consequence layer

AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.

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Key Facts

Three facts to keep in view

1Source

France 24

1 min readRead time

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2Context tags

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