Venezuela’s Oil Minister, Delcy Rodríguez, has asserted that Venezuela will retain ownership of its oil resources following recent agreements with the United States. This statement directly addresses claims made by former US President Donald Trump regarding the deal’s terms. While details remain limited, the agreement reportedly involves Venezuela allowing some oil companies to resume operations in exchange for guarantees of fair elections. Rodríguez’s comments aim to clarify that the accord doesn’t entail relinquishing control of Venezuelan oil assets. The move signals a potential easing of US sanctions, implemented during the Trump administration, which have severely impacted Venezuela's oil industry. This development could offer economic relief to Venezuela, but hinges on fulfilling commitments related to democratic processes. Further details are expected as the agreement is implemented and monitored by both nations.

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