Venezuela oil deal proposed by Trump faces skepticism

Donald Trump has proposed a deal to take control of 65 billion barrels of Venezuelan oil, aiming to lower gas prices and replenish the Strategic Petroleum Reserves. However, the proposal faces significant skepticism within Venezuela.

Critics, including Venezuelan economist and opposition leader Ricardo Haussman, suggest the deal is viewed as an attempt at imperialism. There are concerns that the agreement is tied to current political control in Venezuela and may be discarded by future administrations once the political landscape changes. Additionally, observers note that there is no immediate mechanism to rapidly increase the flow of Venezuelan oil to meet these objectives.