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Venezuela's interim president says US energy deal will last 25 years
Source: reuters.com
Energy Markets & PricesGeopolitics & WarSanctions & Export ControlsTrade Policy & Supply Chain

Venezuelan interim President Delcy Rodriguez said the U.S. energy agreement would continue for 25 years and aims to raise crude output to 1.5 million bpd. The statement also emphasizes continued Venezuelan sovereignty over natural resources, which could shape the durability and credibility of any production ramp. Near-term impact on oil supply expectations could be meaningful, though details on timing and execution remain unclear.
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