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Venezuela and U.S. Sign Historic Oil Agreement, According to Delcy Rodríguez

Delcy Rodríguez confirmed a significant oil agreement between Venezuela and the United States, highlighting its impact on bilateral relations.

29 August 2026Tagblick Newsdesk

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Archive photo: Venezuela and U.S. Sign Historic Oil Agreement, According to Delcy Rodríguez — Archive photoPhoto: Presidencia de Venezuela · Wikimedia Commons · Public domain

Delcy Rodríguez, the acting president of Venezuela, announced the formalization of an oil agreement with the United States, which she termed a "historic milestone" for relations between the two countries. This statement comes from a release published after an announcement made via Truth Social, where the implications of the agreement were discussed.

Rodríguez expressed her gratitude to American leaders, particularly Donald Trump, for their willingness to strengthen bilateral ties around this energy agreement. The official emphasized that this agreement includes 17 strategic fields, which will increase crude oil production in Venezuela.

According to reports from El Comercio, the agreement also involves investments exceeding $100 billion, although no further details were provided regarding the timeline for implementing these investments. The official did not specify other elements of the agreement or the terms of collaboration with American companies.

This agreement comes at a time when there is a push to revitalize Venezuela's oil industry, which has faced significant challenges in recent years, and responds to mutual interests in the energy sector between the two nations.

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