78🚨 BURIED IN THE WEST⚡ EDGE 72ENERGY
Under the radar. The controversial 100-year term and the central role of the Pentagon and a specific investigated businessman in the US-Venezuela oil deal are highlighted by non-Western and left-leaning press but downplayed or absent in initial Western mainstream reports.
⚡ Markets: Geopolitical shift in control of Venezuelan oil reserves from China/Russia towards US influence. Potentially bearish for long-term oil prices if production can be restored, but fraught with political and execution risk.WTICVXXOM
The White House detailed a deal where North American Blue Energy Partners (NABEP), owned by Venezuelan businessman Alejandro Betancourt, will operate 17 Venezuelan oil fields for a century. The US government will have board veto power over fields previously operated by Chinese and Russian companies. China has demanded its interests be protected.
West MSM 3Financial press 2West Left 1Regional 3Google Non-West 1Non-West Ind. 17 countries
11 sources across the spectrum