Venezuela's Delcy Rodríguez faces criticism over a 100-year oil deal granting US interests 55% control of 65 billion barrels of proven reserves.

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves

The president touts “the biggest oil deal in world history” six months on from the start of the Iran war, which sent energy prices spiralling.

The agreement would give the US control of 65 billion barrels of Venezuelan oil