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Trump Announces Deal for Huge US Stake in Venezuelan Oil Reserves - Economy

Summary by The Jakarta Post
President Donald Trump said Friday his administration has reached a huge oil deal with Venezuela that gives the United States majority control of 65 billion barrels of proven petroleum reserves.

17 Articles

Lean Left

Guanipa believes that the agreement requires a calm reading, while Capriles highlights the opacity in the midst of which it was signed

Center

'Agli U.S.A. majority control of 65 billion barrels'. But questions remain (ANSA)

·Rome, Italy
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Lean Left

True to his style, President Donald Trump announced at the end of Friday an agreement with Caracas for the United States to exploit one fifth of the proven reserves of Venezuela, the largest in the world. It is the confirmation of what was promised earlier this year by the Republican tycoon himself: that Washington would charge in oil the military operation that ended with the arrest of Nicolás Maduro, the relay in the presidency by his number t…

·Madrid, Spain
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Bias Distribution

  • 57% of the sources lean Left
57% Left

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Infobae broke the news in Buenos Aires, Argentina on Saturday, August 29, 2026.
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