Delcy Rodríguez announces that the oil agreement with the US will be valid for 25 years and affirms that "Venezuela retains ownership and sovereignty over its resources"

Venezuelan official Delcy Rodríguez stated on Saturday that the country maintains full ownership and sovereignty over its oil resources following a new agreement with the United States. The deal involves Washington gaining control over more than 20 percent of Venezuelan oil operations.

This development marks a shift in the energy relationship between the two nations. While the agreement facilitates increased U.S. involvement in the sector, the Venezuelan government maintains that the state retains its fundamental rights to the country's natural resources.