Sourced fact
The News
According to BBC News, US President Donald Trump announced an unprecedented agreement with Venezuela that grants the United States control over 65 billion barrels of oil. According to Venezuela's interim president, this agreement will help revive her country's economy.
Analysis & context
Analysis & Context
Analytically, this unprecedented agreement between the United States and Venezuela is a significant step in the ongoing conflict over control of natural resources in South America. In a broader context, it reflects the deep political and economic tensions between the two countries, as the US seeks to strengthen its dominance over oil resources in the region. This agreement may have substantial impacts on the future economic and political relationships between the two countries and the region in general.
