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Machado Backs Trump-Venezuela Oil Deal But Questions Rodríguez’s Authority
Source: Bloomberg
Geopolitics & WarElections & Domestic PoliticsEnergy Markets & PricesSanctions & Export Controls
Venezuela’s opposition leader María Corina Machado avoided outright criticism of a major oil agreement between the country’s interim authorities and the Trump administration, but challenged acting President Delcy Rodríguez’s authority to negotiate it. The back-and-forth adds political and execution uncertainty around the deal, which can affect expectations for future oil flows and related sanctions/export outcomes.
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