Acting President Delcy Rodríguez rebukes Washington’s claims of long-term control over Venezuela’s oil sector after Maduro’s ouster.
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Moneycontrol09-01-2026, 01:43

Venezuela Rejects Trump's Oil Claims, Warns Against 'Energy Greed'

  • Venezuela's acting president Delcy Rodríguez accused US President Donald Trump of "energy greed" over claims of US control over Venezuelan oil.
  • Rodríguez rejected Trump's assertions that the US would manage Venezuela's oil production, sales, and revenues for years.
  • Trump stated Venezuela would send 30-50 million barrels of crude to the US, with proceeds managed under US oversight as a "win-win."
  • Caracas insists on mutually beneficial energy relationships and commercial agreements, ruling out any unilateral arrangements.
  • The dispute escalates with US forces seizing Venezuelan oil tankers and plans for US oversight of all future oil sales and transactions.

Why It Matters: Venezuela rebuffs US claims of control over its oil, asserting sovereignty against "energy greed."

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