Venezuela holds the largest proven oil reserves globally, yet critical sectors like education, healthcare, and infrastructure have faced underinvestment in recent years. With discussions underway about a potential U.S. oil agreement, analysts are weighing whether such a deal could unlock much-needed funding for social services and economic stability. The stakes are high, as the country’s oil wealth has historically struggled to translate into widespread development. Whether this deal could break the cycle remains an open question.
Venezuela has the world's largest proven oil reserves. But schools, hospitals, infrastructure, and pensions have seen little investment in recent years. Could a U.S. oil deal change that?
