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World News@lemmy.worldEnglish · 1 day ago

U.S. Moves to Secure Venezuela’s Gold as Influence Deepens After Intervention

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U.S. Moves to Secure Venezuela’s Gold as Influence Deepens After Intervention

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World News@lemmy.worldEnglish · 1 day ago

U.S. Moves to Secure Venezuela’s Gold as Influence Deepens After Intervention | OilPrice.com

The United States is expanding its economic influence in Venezuela by securing access to gold and other resources while raising concerns over legality, environmental damage, and human rights abuses.

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The U.S. has brokered new gold deals with Venezuela as part of a broader push to reshape the country’s resource sector under its influence.

Venezuela is opening its oil and mining industries to foreign investment to rebuild output after years of decline.

Serious concerns remain over environmental destruction and human rights abuses linked to mining in the Orinoco region.

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