A US-backed company is taking control of 17 Venezuelan oil projects, including assets previously operated by Chinese and Russian interests, as Washington secures a 35% stake, privileged access to production and a new strategic energy foothold in the Western Hemisphere
Washington is simultaneously securing long-term access to Venezuela’s enormous oil reserves and tightening the financial noose around Tehran, turning crude oil, the dollar and strategic maritime routes into interconnected instruments of geopolitical power.
Washington secures majority U.S. control over 17 strategic oil fields, with more than $100 billion in planned investment — but the real story goes far beyond gasoline prices: U.S. energy dominance in the Western Hemisphere and less room for China and Russia
