Al Jazeera

Why are people calling Venezuela oil deal a new form of US colonialism?

Critics call the US multi-billion-dollar oil deal in Venezuela modern-day colonialism.

This is a short WorldPing brief. The full report was published by Al Jazeera.

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US energy firms dominate Venezuela deals worth billionsWorldPing
France 24

US energy firms dominate Venezuela deals worth billions

US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American country agreed to grant the United States control of a huge chunk of its vast oil reserves.

Brief by WorldPing · Original reporting by France 24