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Venezuela’s Delcy Rodríguez defends ‘endless’ benefits of her oil deal with Trump

Deal that will reportedly see US take control of 65bn barrels of Venezuelan oil has provoked outrage in her country

Venezuela’s interim president, Delcy Rodríguez, has defended her government’s highly controversial energy deal with Donald Trump, insisting the South American country will maintain ownership and sovereignty over its massive oil reserves.

Rodríguez, who assumed power in January after Trump ordered the abduction of the president, Nicolás Maduro, took to the airwaves on Saturday to push back against criticism of what the US president has called “the biggest oil deal in world history”.

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© Photograph: Presidency Of Venezuela/EPA

© Photograph: Presidency Of Venezuela/EPA

© Photograph: Presidency Of Venezuela/EPA

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Venezuela’s Delcy Rodríguez defends ‘endless’ benefits of her oil deal with Trump

Deal that will reportedly see US take control of 65bn barrels of Venezuelan oil has provoked outrage in her country

Venezuela’s interim president, Delcy Rodríguez, has defended her government’s highly controversial energy deal with Donald Trump, insisting the South American country will maintain ownership and sovereignty over its massive oil reserves.

Rodríguez, who assumed power in January after Trump ordered the abduction of the president, Nicolás Maduro, took to the airwaves on Saturday to push back against criticism of what the US president has called “the biggest oil deal in world history”.

Continue reading...

© Photograph: Presidency Of Venezuela/EPA

© Photograph: Presidency Of Venezuela/EPA

© Photograph: Presidency Of Venezuela/EPA

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Trump’s Venezuelan Oil Deal Relies on a Powerful and Divisive Partner

The administration will work with a private Venezuelan oil company that has close ties to the country’s government.

© Adriana Loureiro Fernandez for The New York Times

Venezuela is believed to have one of the world’s largest reserves of oil but it produces very little oil because of mismanagement, corruption and U.S. sanctions.
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‘A New Form of U.S. Colonialism’: Venezuelans Bristle at U.S. Oil Takeover

A deal giving the U.S. majority control of vast Venezuelan reserves strikes at the heart of national identity.

© Alejandro Cegarra for The New York Times

Supporters of Venezuela’s government rally to demand the release of ousted President Nicolas Maduro and his wife Cilia Flores, in Caracas, Venezuela, in January.
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