Venezuela Slams US 'Greed' Over Oil, Rejects Trump's Control Plan

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News18•08-01-2026, 20:39
Venezuela Slams US 'Greed' Over Oil, Rejects Trump's Control Plan
- •Venezuela's interim President Delcy Rodriguez rejected US claims of indefinite control over her country's oil wealth.
- •Rodriguez insisted any oil partnerships with the US must directly benefit the Venezuelan people.
- •She accused the US of "energy greed," dismissing justifications like drug trafficking and human rights as "falsehoods."
- •US President Donald Trump stated the US would control Venezuela and its vast oil reserves for "much longer" to rebuild it profitably.
- •Despite strained relations, Rodriguez acknowledged existing trade ties, with 25% of Venezuelan exports going to the US.
Why It Matters: Venezuela's leader rejects US control over its oil, demanding benefits for its people amid Trump's long-term plans.
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