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FILE - Venezuela's acting President Delcy Rodríguez speaks during a press conference in Caracas, Venezuela, on July 2, 2026.

Economy

Video. Venezuela hands the US control over a fifth of its oil in landmark deal

Updated: 02/09/2026 - 7:13 GMT+2

Venezuela's parliament has approved handing the US control of a fifth of its oil reserves, cementing Washington's grip on a government it helped install after toppling President Nicolas Maduro in January.

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