A new oil agreement between the US and Venezuela is expected to bring significant investments to the country. This development has raised hopes of a new period of prosperity among Venezuelans, following over a decade of economic and social crisis. The country has the largest proven oil reserves but requires investments to recover its infrastructure.

Analysts believe that the benefits of the agreement will initially be felt in Venezuela, with potential economic effects even before oil production increases. The agreement is said to involve greenfields, or undeveloped fields.

Further details about the agreement and its potential impact are available from the source, including analysis from Venezuelan experts and information about the expected timeline for investments and economic benefits.