Venezuela’s Multilayered Oil Deal: A Complex, Tiered Arrangement

September 2, 2026

Venezuela’s socialist administration has long sought to portray the country’s democratic opposition as unscrupulous mercenaries beholden to foreign capital. This portrayal was especially emphasized during Venezuela’s 2024 presidential contest. In February of that year, Delcy Rodríguez, then Nicolás Maduro’s vice president, accused opposition leader María Corina Machado of never acting without first taking a phone call from her masters in Washington and asserted that, if given the chance, Machado would hand Venezuela’s natural resources over to the Americans.

Pilar Marrero

Political reporting is approached with a strong interest in power, institutions, and the decisions that shape public life. Coverage focuses on U.S. and international politics, with clear, readable analysis of the events that influence the global conversation. Particular attention is given to the links between local developments and worldwide political shifts.