US oil executives concerned about Trump's Venezuela oil agreement

Trump described his Venezuela oil agreement—which grants the US a 35% share in NABEP along with 100-year rights to 17 oil fields—as potentially the 'greatest deal ever.' However, US oil executives are privately warning that the agreement disrupts active commercial negotiations, restricts accessible leases, and establishes a state-supported competitor for private sector operators.

by shortkt.com
4 hours ago
US oil executives concerned about Trump's Venezuela oil agreement | ShortKT