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In this conversation, episode 7 in our ongoing series on Venezuela, we're joined by Cira Pascual Marquina and Chris Gilbert for an on-the-ground assessment of how Venezuela is navigating the latest phase of US imperialism. Chris Gilbert is a professor at Venezuela's Bolivarian University and a writer based in Caracas. He's the author of Commune or Nothing! Venezuela's Communal Movement and its Socialist Project. Cira Pascual Marquina is a researcher and popular educator at El Panal commune in Venezuela. She's the author, along with Chris, of The Present as Struggle: Voices from the Bolivarian Revolution and co-host, also along with Chris, of the Marxist educational project Escuela de Cuadros.  The conversation opens by discussing the new oil agreement imposed on Venezuela by the US regime and examining how it compares to other oil agreements in Latin America, how it compares to past agreements under Hugo Chávez and Nicolás Maduro, and what the most problematic components of it are. We dicuss some of the other