Caracas Hands Over Nation’s Patrimony for Next Century — “BIGGEST OIL DEAL IN WORLD HISTORY,” US president Donald Trump shouted from his X account on August 28, 2026. Touting the US acquisition of majority control over one fifth of Venezuela’s oil reserves, he claimed the arrangement comes at “no cost to the American Taxpayer … and will substantially lower Gas Prices for all Americans, long into the future.” On the Venezuelan side, Rodríguez claims the deal will generate $200 billion in tax and royalty revenues for her country. But the deal is nothing short of highway robbery at the point of an imperial sword.
This article has several false statements in it. It isn’t a 100 year deal, it’s a 25 year deal, so the extrapolation of 2 billion per year based off Rodriguez saying it would bring 200 billion in revenue is blatantly false. They also quote multiple Venezuelan right wingers in the article and mostly rely on US state department for their information.
Upon looking at the website further, they also condemn Iran by “standing on the side of the open letter” recently published by Angela Davis et al about Irans political prisoners.
They also claim Cuba is the only socialist project left.
Really interesting how reactionaries posing as leftists keep using US state department talking points to manufacture consent against Venezuela and people here eat it up