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Venezuelan opposition leader questions US oil deal with ‘illegitimate regime’

Venezuelan opposition leader questions US oil deal with ‘illegitimate regime’

Summary

Venezuelan opposition leader María Corina Machado criticized President Donald Trump’s oil deal with Venezuela’s interim government, saying the current leaders do not have the right to control the country’s natural resources. The deal involves sharing Venezuela’s large oil reserves but has faced criticism for excluding democratic voices and supporting an unelected interim president.

Key Facts

  • María Corina Machado is a Venezuelan opposition leader and Nobel peace prize winner.
  • She opposes an oil deal that President Trump made with Venezuela’s interim government.
  • Machado says Venezuela’s natural resources belong to the people, not the current leaders she calls illegitimate.
  • Venezuela has the world’s largest proven crude oil reserves, about 303 billion barrels.
  • The oil deal reportedly includes more than 65 billion barrels of oil.
  • The deal was signed with Delcy Rodríguez, the unelected interim president who took power after Nicolás Maduro’s capture.
  • President Trump warned Rodríguez to act properly or face consequences worse than Maduro’s.
  • The U.S. claims this deal will increase energy production and reduce influence from China and Russia in Venezuela.
  • Critics say the deal could delay new presidential elections in Venezuela.
  • Both President Trump and Rodríguez gave unclear answers about when new elections will happen.
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