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Tag: Oil Reserves

AUG 29, 2026

Trump Announces ‘Biggest Oil Deal’ With Venezuela, Claims U.S. Control of 65 Billion Barrels

President Donald Trump says the U.S. has reached a historic oil agreement with Venezuela, securing majority control of more than 65 billion barrels of proven reserves. The deal could bring major private investment to Venezuela and increase U.S. access to oil.