{
  "id": 4329207,
  "title": "Trump Venezuela oil deal draws criticism from government allies, opposition",
  "url": "https://urgent.news/2026/08/30/trump-venezuela-oil-deal-draws-criticism-from-government-allies",
  "topic": "world",
  "section": "World",
  "published": "2026-08-30T02:02:11.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/trump-venezuela-oil-deal-draws-criticism-from-government-allies-opposition-4882009"
  },
  "original_language": "en",
  "account": "U.S. President Donald Trump's oil agreement with Venezuela is generating criticism from both staunch supporters of the government and opposition forces, placing Acting President Delcy Rodríguez under increasing political pressure, according to Bloomberg. The deal would grant the U.S. a majority stake in 65 billion barrels of Venezuelan crude, potentially deepening Washington's economic interests in Rodríguez's continued rule. Risa Grais-Targow, Latin America director at Eurasia Group, stated that the arrangement may solidify Trump's collaboration with Rodríguez and reduce incentives for the U.S. to expedite new elections, a prospect that has infuriated Venezuela's opposition, which was not part of the negotiations. Opposition leader María Corina Machado, however, did not take part in the discussions, as per people familiar with the matter. Rodríguez is also encountering criticism from supporters of Chavismo, the movement spearheaded by former President Hugo Chávez, which emphasizes state control over Venezuela's oil resources. Some hard-line supporters have questioned the deal's legitimacy and accused the government of ceding national sovereignty. The backlash emerges as Rodríguez endeavors to enhance relations with Washington. Recent talks have yielded other concessions, such as the National Assembly's preliminary approval of a U.S.-backed reform to select Supreme Court justices. Political analyst Benigno Alarcón posited that heightened U.S. investment could eventually incentivize Washington to safeguard stability under Rodríguez rather than push for a swift political transition. Questions have also arisen regarding the deal's financial terms. Rodríguez claimed that projects under the agreement could yield $209 billion in taxes, while Francisco Monaldi of Rice University's Baker Institute estimated the figure at around $3.20 per barrel, citing concerns over Venezuela's opaque oil policy. The political turmoil coincides with Rodríguez's waning popularity following criticism of the government's handling of deadly earthquakes in June.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Hindustan Times - World News",
        "title": "America’s murky deal to secure a fifth of Venezuela’s oil",
        "url": "https://urgent.news/2026/08/30/americas-murky-deal-to-secure-a-fifth-of-venezuelas-oil",
        "published": "2026-08-30T04:00:33.000Z"
      },
      {
        "outlet": "ABC News AU",
        "title": "How will Trump's oil deal with Venezuela work?",
        "url": "https://urgent.news/2026/08/30/how-will-trumps-oil-deal-with-venezuela-work",
        "published": "2026-08-30T04:03:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}