Trump said the agreement announced on Friday night would give the United States a stake in Venezuela’s vast oil reserves, a step towards his goal of extracting energy from the country after American forces captured then-President Nicolás Maduro in a middle-of-the-night raid in January and brought him to New York to face federal drug trafficking charges.
Venezuela’s interim leader, Delcy Rodríguez, described the deal as a step towards economic recovery that will modernise the country’s oil industry. In a televised address to the nation late on Sunday, Rodríguez insisted Venezuela's sovereignty is secure and said she wants the country to become a global energy powerhouse.