
Leading financial analysis firms have tempered the White House's forecasts on the Venezuelan oil agreement announced by Donald Trump on Friday, which grants a company part-owned by the US government control of seventeen fields holding some 65 billion barrels of reserves for a hundred years.
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When Colombian former President Gustavo Petro convened an emergency CELAC session in the first week of January, the assumption in most South American foreign ministries was that the region would answer the United States with one voice. Eight months later, the answer is still fragmented — and Venezuela's oil is flowing north at a rate not seen in two decades.

US President Donald Trump said on Wednesday that Venezuela does not yet meet the conditions to call elections, five days after announcing the agreement granting Washington majority control over a fifth of the country's oil reserves for a century.
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Simón Bolívar international airport, located in Maiquetía and Venezuela's principal air gateway, resumed domestic and international operations on Tuesday, two months after the double earthquake of June 24 destroyed its facilities.
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The White House on Monday identified the company that will operate seventeen Venezuelan oil fields for a century in partnership with the US government: North American Blue Energy Partners, owned by Venezuelan businessman Alejandro Betancourt, who is under investigation in Switzerland and Spain over his alleged involvement in a scheme to launder funds from the state oil company PDVSA. There is no conviction against him.
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Former Venezuelan president Nicolás Maduro released on Sunday, through his X account, the first known photographs since he entered the Metropolitan Detention Center in Brooklyn, New York, where he has been held since January. The images show him in sportswear making a victory sign.
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US President Donald Trump announced on Friday an agreement with Venezuela's interim government granting Washington majority control over more than 65 billion barrels of proven Venezuelan crude reserves, around 21% of the country's total. Acting president Delcy Rodríguez confirmed the deal.
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The United States government is negotiating with Venezuela's interim administration to acquire stakes in a group of the South American country's oil fields, under arrangements that would include leases of up to a hundred years, the outlets Axios and Bloomberg reported on Thursday citing unnamed senior US officials.
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Colombian President Abelardo de la Espriella has ordered coordinated operations between the migration authority and the police to begin this week to identify and deport foreigners without regular migration status, marking a shift from the policy the country has maintained for more than a decade as the main destination for Venezuelan migration.

Venezuela's government has concluded a series of agreements with international oil companies in recent weeks to develop its offshore gas fields, marking a shift from the years of isolation and sanctions that have defined the sector.