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Developing Update · Europe — Energy: live coverage

US energy firms significantly expand operations in Venezuela after Washington's oil deal with Caracas

US officials denied accusations that the deal was holding Venezuela for ransom, stressing that it is mutually beneficial deal for all, developing an unutilised underground asset.

By 3 Sep 2026 · 04:30 CET Updated 3 Sep 2026 · 04:30 CET

US officials denied accusations that the deal was holding Venezuela for ransom, stressing that it is mutually beneficial deal for all, developing an unutilised underground asset.

Source: Euronews. Read the original report ↗

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