Venezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude output to 1.5 million barrels daily. It aims to revive the nation's economy and boost government revenue significantly. The deal preserves Venezuela's sovereignty over its vast natural resources. Several companies, including US firms, are expected to sign new oil rights next week.
Does it matter? It gives the US an opportunity to use this agreement in the future if anything goes against their ‘legal’ agreement. 20 years from now is a generation away, and gives so much runway to the US that if Venezuela does ‘regain sovereignty’ and tries to ‘take control’ of what the US thinks are now their resources.
I mean they kicked out the US once before, and so has Nicaragua. The US is now weaker than ever as well, and could potentially implode internally the way things are going. In 20 years there might not be any US to worry about.