US Signs Oil Deal With Venezuela's Unelected Leader, No Vote Date Set

US Signs Oil Deal With Venezuela's Unelected Leader, No Vote Date Set

Trump signed an oil deal with Venezuela's interim president Delcy Rodríguez, who took power without a vote after US forces seized Maduro in January 2026. The deal covers part of Venezuela's vast oil reserves — 65 billion of 303 billion barrels. Neither leader set an election date. Rodríguez said only: "There will be an electoral process, but when Venezuela is ready."

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