Why are people calling Venezuela oil deal a new form of US colonialism? Critics call the US multi-billion-dollar oil deal in Venezuela modern-day colonialism.Share this: What’s in the US-Venezuela ‘biggest oil deal in world history?’DateAugust 28, 2026In relation toAl-JazeeraWhat are the implications of the US-Venezuela oil deal?DateAugust 30, 2026In relation toAl-JazeeraTrump announces ‘biggest oil deal in world history’ with VenezuelaDateAugust 28, 2026In relation toAl-Jazeera