#Repsol has signed an agreement with the Venezuelan government and #PDVSA (April 16, 2026) to regain operational control of its assets in the country.

The pact aims to triple crude oil production in three years, especially in the Petroquiriquire project, and implements guaranteed payment mechanisms to manage the outstanding debt. #breakingnews $BTC #USMilitaryToBlockadeStraitOfHormuz $RAVE