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Trump says U.S. has entered deal with Venezuela to take control of 65 billion barrels of oil reserves

Society · en

Trump says U.S. has entered deal with Venezuela to take control of 65 billion barrels of oil reserves

NPR · Aug 29, 2026, 2:07 AM UTC

President Trump says his administration has entered a sweeping agreement with Venezuela that could give the U.S. access to vast amounts of the South American country's untapped oil reserves, at cost.