Trump says US reaches deal with Venezuela to control 65 billion barrels of country’s oil reserves
What to know
- President Donald Trump said Friday night the United States has reached an oil agreement with Venezuela, a move he said will “more than double” American oil reserves, increase oil supply and lower gas prices. “At my direction, Secretary of State Marco Rubio, an...S1
- Trump has long been candid about his desire for the US to secure Venezuelan oil and has urged oil companies to invest in the South American nation.S2
Timeline · newest first
2mos
Egypt Independent
Trump says US reaches deal with Venezuela to control 65 billion barrels of country’s oil reserves
President Donald Trump said Friday night the United States has reached an oil agreement with Venezuela, a move he said will “more than double” American oil reserves, increase oil s…
2mos
Euronews
US strikes deal to control 65 billion barrels of Venezuela's oil reserves, Trump says
Trump has long been candid about his desire for the US to secure Venezuelan oil and has urged oil companies to invest in the South American nation.
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BrazilTrump says US reaches deal with Venezuela to control 65 billion barrels of country’s oil reserves
2 outlets
2 reports
Published Aug 29, 2026
What to know
- President Donald Trump said Friday night the United States has reached an oil agreement with Venezuela, a move he said will “more than double” American oil reserves, increase oil supply and lower gas prices. “At my direction, Secretary of State Marco Rubio, an...S1
- Trump has long been candid about his desire for the US to secure Venezuelan oil and has urged oil companies to invest in the South American nation.S2
Timeline · newest first
Sources · 2 citations
S1
Egypt Independent
1 report · EN
S2
EuronewsLead
1 report · EN
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Brazil