United States and Venezuela Announce Oil AgreementPhoto by Altamart on Pexels
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United States and Venezuela Announce Oil Agreement

Observador29 August 2026 at 09:33

The United States and Venezuela announced a large-scale oil agreement, which was described by Donald Trump as the biggest oil deal in world history.

According to the Venezuelan government, the agreement provides for the creation of 17 strategic oil fields in Venezuelan territory.

These fields have a proven potential of 65 billion barrels of oil, representing a significant volume of oil reserves.

The announcement of this agreement marks an important moment in relations between the two countries in the energy sector.

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