Trump announces new US oil agreement with Venezuela
US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves
Donald Trump announced Friday a new US oil agreement with Venezuela, saying the US will have “majority” control of 65bn barrels of proven oil reserves.
“At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer,” Trump https://truthsocial.com/@realDonaldTrump/posts/117175567133618952">wrote on Truth Social.
https://www.theguardian.com/us-news/2026/aug/28/trump-venezuela-oil-agreement">Continue reading...Trump announces Venezuela oil deal
- Trump says he secured ‘majority U.S. control’ of large slice of Venezuela’s oil reserve The Hill —
- Trump says US has deal with Venezuela for control of 65 billion barrels of oil reserves South China Morning Post —
- Trump said the US government has reached a deal to secure 65 billion barrels of oil reserves in Venezuela Business Insider —
- U.S. enters agreement with Venezuela to take control of 65 billion barrels of oil reserves, Trump says The Globe and Mail —
- Trump secures record-breaking oil deal with Venezuela to double US reserves and slash gas prices Daily Mail —