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Jewish News 24 · Aug 30, 2026

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🇻🇪🇺🇸 VENEZUELA DETAILS 25-YEAR U.S. OIL AGREEMENT: Interim President Delcy Rodríguez said the bilateral deal will develop 17 strategic oil fields and target more than 1.5 million barrels per day, with a broader plan adding eight new Orinoco greenfield blocks. She projected about $209.3 billion in Venezuelan state revenue at a $65 oil price — roughly $19 per barrel — and cited minimum 16% royalties and a 34% income tax on the greenfield projects. President Trump called it the “biggest oil deal in world history,” saying the U.S. would secure majority control over more than 65 billion barrels of proven reserves through private-sector partnerships. Rodríguez stressed Venezuela would retain ownership of its resources, while key details of the agreement remain undisclosed. — Reuters

🇻🇪🇺🇸 VENEZUELA DETAILS 25-YEAR U.S. OIL AGREEMENT: Interim President Delcy Rodríguez said the bilateral deal will develop 17 strategic oil fields and target more than 1.5 million barrels per day, with a broader plan adding eight new Orinoco greenfield blocks. She projected about $209.3 billion in Venezuelan state revenue at a $65 oil price — roughly $19 per barrel — and cited minimum 16% royalties and a 34% income tax on the greenfield projects. President Trump called it the “biggest oil deal in world history,” saying the U.S. would secure majority control over more than 65 billion barrels of proven reserves through private-sector partnerships. Rodríguez stressed Venezuela would retain ownership of its resources, while key details of the agreement remain undisclosed. — Reuters

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