Venezuelan opposition criticizes reported US bid for oil stake
Reports indicate the US is in advanced talks to take a direct stake in more than a dozen Venezuelan oilfields containing 90 billion barrels, potentially under a 100-year lease. Critics describe the move as predatory and unconstitutional. Venezuela holds the world's largest proven crude oil reserves at 303 billion barrels.
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Original headline: “Venezuelan opposition up in arms over reports US wants big stake in oil and gas.” Browse more stories.