Venezuela · Multiple sources
Venezuela says it will retain 'sovereignty' over its oil reserves despite US deal
Venezuela's acting president says the aim is to turn the country's underground resources into a "source of social and economic well-being for the people of Venezuela."
- Time span
- 29 Aug 2026, 11:11 CEST → 30 Aug 2026, 20:40 CEST
- Sources
- 4 sources
- Reports
- 4
- Trust
- strong · multi-source
Timeline
L'accord, salué par Donald Trump et Delcy Rodriguez, permettra aux Etats-Unis de prendre le contrôle majoritaire de plus de 65 milliards de barils issus des réserves vénézuéliennes. — not translated (source in a different language).
Under the deal, $19 from every barrel of oil sold to the US will flow to Caracas, interim President Rodriguez says.
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 sovereign...
Venezuela's acting president says the aim is to turn the country's underground resources into a "source of social and economic well-being for the people of Venezuela."
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