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Ted Cruz Calls for Venezuelan Elections While Praising U.S. Oil Deal

8/31/2026, 8:38:06 AM

Background: U.S. Seizure of Venezuelan Oil and Leadership Shift

The Trump administration announced that the United States would take control of 65 billion barrels of Venezuelan oil reserves. In the same period, the acting Venezuelan president, Delcy Rodríguez, assumed power after U.S. forces captured former President Nicolás Maduro in January and transferred him to the United States to face drug-trafficking charges.

Official Statements & Responses

Sen. Ted Cruz (R-Texas) told NBC News’ *Meet the Press* that democratic, free elections in Venezuela must occur “midway through next year.” Cruz also asserted that the administration is “working rapidly” to support the electoral timeline.

Turning to Iran, Cruz stated his longer-term objective is “regime collapse” and urged the Trump administration to arm Iranian protesters rather than deploy U.S. troops. He linked this stance to his broader foreign-policy outlook while noting that his focus remains on the 2024 midterm elections and that any presidential bid would be considered later.

Data & Statistics

  • 65 billion barrels of Venezuelan oil slated for U.S. control (Trump administration claim).
  • Election timeline: free and fair elections to be held “midway through next year” (Cruz’s proposal).

Verbatim Quotes

  • “There need to be democratic, free elections in Venezuela,” — Sen. Ted Cruz
  • “Delcy Rodríguez was Nicolás Maduro’s vice president,” — Sen. Ted Cruz
  • “The oil deal as announced sounds like it could have a very positive impact on the United States and the United States economy, on American jobs, and a very positive impact on gas prices over the long term,” — Sen. Ted Cruz
  • “I would like to see the longer-term objective be regime collapse,” — Sen. Ted Cruz