U.S. In Talks To Take Direct Ownership Of Venezuelan Oil Fields

The Trump administration is reportedly in active discussions with Venezuela’s interim government to acquire a direct U.S. ownership stake in key Venezuelan oil fields. According to senior U.S. officials cited by Axios, the talks involve equity stakes in a select group of high-yield fields containing

Source: OilPrice.com

DW NOTE

The U.S. government is negotiating direct ownership of Venezuelan oil assets — not drilling rights, not production contracts, but title to the fields themselves. This is either the most significant shift in hemispheric resource politics since the 1970s nationalisations, or a trial balloon floated while oil sits at $83 and someone in Washington remembers that Venezuela holds the world's largest proven reserves.

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