U.S. Talks to Venezuela About Major Stake in Oil Fields

“The U.S. is in talks with Venezuela to take a large stake in its oil fields, a dramatic move by the Trump administration to extend its influence on the post-Maduro government and the nation’s vast energy reserves,” Bloomberg reports.

“Negotiators from both countries are discussing the plan, according to people familiar with the matter who asked not to be identified because the discussions are private. Some of them said a possible arrangement that has been discussed is a 100-year-lease on several oilfields.”