Venezuela’s Assembly Backs Oil Deal Announced with the United States

Venezuela’s national assembly has backed an oil agreement announced with the United States, signaling legislative support for renewed energy cooperation. The move could strengthen economic ties and create new opportunities for investment and oil-sector activity. Details of the agreement, including its scope, conditions, and implementation timetable, have not been fully disclosed. The decision comes as Caracas and Washington explore areas of engagement, while officials and markets assess the potential impact on Venezuela’s economy and regional energy relations in the future.