Venezuela Assembly Backs U.S. Oil Deal
Venezuelas ruling party assembly backed a controversial oil deal with the United States on Tuesday. U.S. Energy Secretary Chris Wright is set to sign the agreement in Caracas on Wednesday.
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Venezuela's assembly backed an oil deal with the United States in a Tuesday vote, granting access to a fifth of its crude reserves. The arrangement gives private firm North American Blue Energy Partners a 100-year lease across 17 oilfields.
