Regarding Trumps claims to have seized custody over Venezuelas oil don't be too hasty in believing the hype. This is what the WSJ says about it-
'News of the talks caused an outcry among some in Venezuela’s opposition who have been pushing for the U.S. to pressure Rodríguez to hold elections. The Trump administration has played a major role in overseeing Venezuela’s oil industry since ousting Maduro and replacing him with Rodríguez.
“An illegitimate interim government with an illegitimate hydrocarbons law has no legitimacy to strike this unconstitutional deal,” Ricardo Hausmann, a Harvard University economist and former government official in Venezuela, wrote on X. “It will be a fiasco for all involved, starting with [Secretary of State Rubio].”
Venezuela’s constitution says the country’s oil deposits belong to the Venezuelan state and cannot be transferred to another owner—a potential legal obstacle to any deal that would give the U.S. government control of reserves.'
Regarding Trumps claims to have seized custody over Venezuelas oil don't be too hasty in believing the hype.
This is what the WSJ says about it-
'News of the talks caused an outcry among some in Venezuela’s opposition who have been pushing for the U.S. to pressure Rodríguez to hold elections. The Trump administration has played a major role in overseeing Venezuela’s oil industry since ousting Maduro and replacing him with Rodríguez.
“An illegitimate interim government with an illegitimate hydrocarbons law has no legitimacy to strike this unconstitutional deal,” Ricardo Hausmann, a Harvard University economist and former government official in Venezuela, wrote on X. “It will be a fiasco for all involved, starting with [Secretary of State Rubio].”
Venezuela’s constitution says the country’s oil deposits belong to the Venezuelan state and cannot be transferred to another owner—a potential legal obstacle to any deal that would give the U.S. government control of reserves.'
https://www.wsj.com/business/energy-oil/trump-administration-in-advanced-talks-for-stake-in-venezuelan-oil-fields-819546d3?