Trump announces oil deal with Venezuela: USA now control over 65 billion barrels of reserves
Business

Trump announces oil deal with Venezuela: USA now control over 65 billion barrels of reserves

Correio da Manhã29 August 2026 at 00:08

The President of the United States, Donald Trump, announced an oil deal with Venezuela, classifying it as the biggest oil deal in world history.

According to the announcement, the United States now control more than 65 billion barrels of oil reserves through this understanding with the Venezuelan government.

The agreement represents a significant shift in the relationship between the two countries in the energy sector, giving the USA access to vast oil reserves in Venezuela.

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