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Venezuela’s ruling Untied Socialist Party backs US’s oil deal
(MENAFN) Venezuela’s ruling United Socialist Party of Venezuela (PSUV) has thrown its support behind a major energy agreement with the United States, while Democratic lawmakers in Washington have accused President Donald Trump of prioritizing private interests over the welfare of US troops and the public.
In a statement posted on X, the PSUV expressed “full support” for acting President Delcy Rodriguez and the energy agreements reached between Caracas and Washington.
The ruling party said the arrangement could help Venezuela recover from the impact of more than a decade of US sanctions and economic restrictions. It argued that the agreement could contribute to economic recovery while strengthening public services, employment and workers’ incomes.
The PSUV also emphasized that Venezuela’s “immense hydrocarbon reserves” should be used to advance the country’s national development. At the same time, it stressed that any related process must comply with Venezuela’s Constitution.
The party’s endorsement came after Trump announced that Washington had obtained majority control over more than 65 billion barrels of Venezuela’s proven oil reserves, prompting strong criticism from Democratic lawmakers.
Sen. Chris Van Hollen of Maryland rejected the administration’s portrayal of the agreement as a success, arguing that US service members had been placed at risk for the benefit of wealthy individuals connected to Trump.
“Let’s be clear: this isn’t a win,” Van Hollen wrote, accusing Trump of putting US service members at risk “to get Venezuelan oil for his billionaire buddies.”
Virginia Sen. Tim Kaine also criticized the policy, alleging that Trump used the removal of President Nicolas Maduro as a means to gain control over Venezuela’s oil resources.
“Will prices come down for Americans? Who knows,” Kaine wrote, arguing that the agreement would “pad the pockets of Trump family and Big Oil companies.”
“Bottom line—Using our troops for a private oil grab is corruption at epic scale!” wrote Kaine.
Republican Sen. Bernie Moreno defended the agreement and dismissed the Democratic criticism. He argued that Democrats would have allowed Maduro to remain in power while Venezuela continued supplying oil to China.
“Instead, this historic deal benefits both countries for generations!” he wrote.
In a statement posted on X, the PSUV expressed “full support” for acting President Delcy Rodriguez and the energy agreements reached between Caracas and Washington.
The ruling party said the arrangement could help Venezuela recover from the impact of more than a decade of US sanctions and economic restrictions. It argued that the agreement could contribute to economic recovery while strengthening public services, employment and workers’ incomes.
The PSUV also emphasized that Venezuela’s “immense hydrocarbon reserves” should be used to advance the country’s national development. At the same time, it stressed that any related process must comply with Venezuela’s Constitution.
The party’s endorsement came after Trump announced that Washington had obtained majority control over more than 65 billion barrels of Venezuela’s proven oil reserves, prompting strong criticism from Democratic lawmakers.
Sen. Chris Van Hollen of Maryland rejected the administration’s portrayal of the agreement as a success, arguing that US service members had been placed at risk for the benefit of wealthy individuals connected to Trump.
“Let’s be clear: this isn’t a win,” Van Hollen wrote, accusing Trump of putting US service members at risk “to get Venezuelan oil for his billionaire buddies.”
Virginia Sen. Tim Kaine also criticized the policy, alleging that Trump used the removal of President Nicolas Maduro as a means to gain control over Venezuela’s oil resources.
“Will prices come down for Americans? Who knows,” Kaine wrote, arguing that the agreement would “pad the pockets of Trump family and Big Oil companies.”
“Bottom line—Using our troops for a private oil grab is corruption at epic scale!” wrote Kaine.
Republican Sen. Bernie Moreno defended the agreement and dismissed the Democratic criticism. He argued that Democrats would have allowed Maduro to remain in power while Venezuela continued supplying oil to China.
“Instead, this historic deal benefits both countries for generations!” he wrote.
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