On January 3, 2026, the United States captured the president of Venezuela, Nicolás Maduro. Eight months later, Delcy Rodríguez, acting president appointed by Donald Trump, has signed an agreement giving the United States preferential access to 65 billion barrels of Venezuelan oil. The Republican announced it as “the largest oil deal in world history” — and even called it a gift from Venezuela to the United States. Chavismo insists it is a great deal. Is it?
Video analysis | Key points of the oil agreement between the United States and Venezuela