Trump promises that the USA will take all of Venezuela's oilPhoto by Polina Zimmerman on Pexels
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Trump promises that the USA will take all of Venezuela's oil

Euronews Portugal1 September 2026 at 11:27

The White House revealed the terms of the oil agreement with Venezuela, which involves a private company not specified in the article. The agreement aims to guarantee control over more than 65 billion barrels of oil.

Donald Trump publicly promised that the United States will take "all" of Venezuela's oil under this agreement. The promise raises questions about the South American country's energy sovereignty.

The article does not specify exactly what the terms of the agreement are nor the details about the private company involved in the oil partnership. The White House made the formal disclosure of the terms, but the article does not detail what was revealed.

The agreement comes in a context of geopolitical tensions between the United States and Venezuela, with Washington seeking to secure strategic energy resources. Trump's promise to take "all" the oil indicates an assertive approach on the part of the American administration.

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