Name: What are the implications of the US-Venezuela oil deal?
Uploaded: 2026-08-31T01:10:09+00:00
Description: A new deal between Caracas and Washington would give US companies access to more than a fifth of Venezuela’s vast oil reserves. But there’s opposition in Venezuela, as well as debate about whether the plan is legal.

What are the implications of the US-Venezuela oil deal?

Al Jazeera

·1 hour ago

A new deal between Caracas and Washington would give US companies access to more than a fifth of Venezuela’s vast oil reserves. But there’s opposition in Venezuela, as well as debate about whether the plan is legal.

A new deal between Caracas and Washington would give US companies access to more than a fifth of Venezuela’s vast oil reserves.

But there’s opposition in Venezuela, as well as debate about whether the plan is legal.

What could the agreement mean?

Presenter: Tom McRae

Guests:

Jose Chalhoub – political risk and oil analyst

Cornelia Meyer – commodity specialist and CEO of Meyer Resources

Francisco Rodriguez – senior research fellow at the Center for Economic and Policy Research at the University of Denver, former head of the Economic and Financial Advisory of the Venezuelan National Assembly