Trump says US closed deal with Venezuela to take control of 65 billion barrels of oil reservesPhoto by Polina Zimmerman on Pexels
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Trump says US closed deal with Venezuela to take control of 65 billion barrels of oil reserves

Tuugo29 August 2026 at 03:19

President Donald Trump announced on Friday that his government has reached a comprehensive agreement with Venezuela. According to Trump, the agreement, if realized, could give the United States access to large oil reserves in the South American country.

The information was published by the Associated Press in Washington. The headline of the news specifically mentions 65 billion barrels of oil reserves that would be involved in the agreement.

The agreement represents a potential significant shift in relations between the two countries, which have historically had diplomatic tensions. No additional details were provided about the specific terms of the agreement or when it would take effect.

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