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Oil Deal of the Century Sparks Debate
The United States announced the signing of an agreement with Venezuela to secure control over more than 65 billion barrels of proven oil reserves, in a deal that the American president described as "the largest in history." The deal, signed by a Venezuelan prime minister named Delsy Rodriguez, grants rights to oil fields for 100 years and gives Washington control over 55% of production, despite the Venezuelan government’s lack of legitimacy according to the American stance, which considers the Rodriguez government illegitimate due to the absence of free elections. The deal raises legal questions about its legitimacy, particularly since it follows a military operation that led to Maduro's arrest, and the person who signed it is the same who condemned the coup as a "barbaric" act and an "illegal kidnapping," raising concerns about the legality of signing such a significant agreement by a government deemed illegitimate under international law.
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