U.S. In Talks To Take Direct Ownership Of Venezuelan Oil Fields - Crude Oil Prices Today | OilPrice.com

Source: Crude Oil Prices Today | OilPrice.com

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DW NOTE

The U.S. government is negotiating to take direct ownership of Venezuelan oil fields — not leases, not purchase agreements, but outright sovereign control of another country's reserves. This is what happens when the Strait of Hormuz stays closed and West Texas sits at $83 while your strategic reserve is still half-empty from 2022.

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