Venezuela's interim leader defends US oil deal as sovereignty retained
Delcy Rodriguez, Venezuela's interim President, defended in a televised address a 25-year agreement with the United States involving 65 billion barrels of Venezuelan crude. Rodriguez said the deal aims to allow Venezuela to develop its oil industry while preserving "ownership of and sovereignty" over its resources, despite the US having majority control over the reserves.

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The oil agreement is a 25-year deal, according to US President Donald Trump, who called it "the biggest oil deal in world history." Rodriguez said the arrangement aims to allow Venezuela to develop its oil industry while preserving "ownership of and sovereignty" over its resources. The deal involves $100 billion in private investment.
an agreement involving 65 billion barrels of Venezuelan crude bound for the United States
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