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businessCovered by 2 outletsUpdated 14h ago

US officials defend Venezuela oil deal amid questions over rebuilding plan

Image: Financial Times

Government talks up pact but Venezuelan opposition alarmed that democracy yet to return after Maduro exit Trump administration officials on Tuesday defended a highly contentious deal giving the US control of a significant chunk of Venezuelan oil reserves, arguing that the sweeping agreement would help stabilize and rebuild democracy in the shattered South American country while giving Washington…

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