Venezuela and U.S. Investigate Secret Oil Contracts from Maduro Era

Venezuela and the United States are examining numerous confidential oil agreements made during the tenure of former leader Nicolas Maduro. Bloomberg posted on X, citing sources familiar with the matter, that these contracts are under scrutiny as both nations seek to understand the implications and legality of the deals. The investigation comes amid ongoing efforts to address the economic challenges faced by Venezuela and improve relations with the U.S. The contracts, which were signed during Maduro's administration, are being reviewed to ensure compliance with international standards and regulations. This development is part of broader efforts to stabilize Venezuela's oil industry and restore transparency in its operations.