Venezuela’s National Assembly, dominated by the ruling party, has approved a landmark oil deal with the United States. The agreement allows the US to take control of 17 oil fields within Venezuela. This move, hailed as “historic” by President Trump, has drawn criticism from civil society groups who describe the deal as lacking transparency. Details surrounding the agreement remain limited, fueling concerns about its potential implications. The approval signifies a significant shift in Venezuela’s oil industry and strengthens economic ties with the US. The agreement’s long-term effects on Venezuela’s sovereignty and economic independence are currently being debated. This marks a major development in the ongoing relationship between the two nations.