Why are both Venezuelan hard-liners and opposition forces criticizing Delcy Rodríguez’s oil deal with the US?

Both sides criticize the deal because hard-line Chavistas view it as a betrayal of resource nationalism and sovereignty—accusing Rodríguez of abdicating control over Venezuela’s oil under US pressure—while the opposition sees it as legitimizing an illegitimate authority without securing democratic concessions like elections or a transition, especially given Rodríguez’s prior accusations against opposition leader Machado of serving US interests.

What is the strategic political calculation behind Rodríguez’s oil agreement with Trump, according to analysts?

Analysts like Risa Grais-Targow and Benigno Alarcón suggest Rodríguez may be betting that granting the US majority control over Venezuela’s 65 billion barrels of crude will reinforce Trump’s commitment to working with her, thereby diminishing US incentives to push for swift elections; this could shift US priorities from 'transition with stability' toward 'stability that preserves the option of transition' as US companies invest billions and develop a vested interest in her government’s continuity.

Trump's Oil Deal Riles Both Sides of Venezuelan Political Divide

Aug 29, 2026

Acting President Delcy Rodriguez granted the US exclusive access to Venezuela's oil resources, sparking criticism from political factions over sovereignty and legitimacy. Analysts warn the deal impacts democratic transition incentives while attracting significant US investment.

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