Trump announces 65-billion-barrel Venezuela oil deal; critics warn of colonialism

President Donald Trump on 2026-08-28 announced a deal giving the U.S. control of 65 billion barrels of Venezuelan oil reserves, which he claimed would more than double American oil reserves and lower gas prices; by 2026-08-30, reports indicated the deal involved a 35% passive stake for the U.S. government in a Venezuelan oil company. The agreement drew criticism as echoing colonial-era resource extraction patterns.

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US, Venezuela announce 'historic' oil deal

rss:dw-allinternational32d ago kagi ↗

US President Donald Trump announced an agreement with Venezuela to take control of 65 billion barrels of oil. The South American country has the largest proven oil reserves in the world.

Trump announces new US oil agreement with Venezuela

rss:guardian-worldinternational32d ago kagi ↗

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves Donald Trump announced Friday a new US oil agreement with Venezuela, saying the US will have “majority” control of 65bn barrels of proven oil reserves. “At ⁠my ​direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working ⁠closely with Highly Respected Interim President of Venezuela, D

Trump says US has deal with Venezuela for control of 65 billion barrels of oil reserves

rss:scmpinternational32d ago kagi ↗

President Donald Trump on Friday said the US has entered an agreement with Venezuela to take control of 65 billion barrels of the South American country’s oil reserves. Trump in a social media post announced the agreement he said was negotiated by Secretary of State Marco Rubio, Defence Secretary Pete Hegseth and Venezuela’s interim President Delcy Rodriguez. “The United States of America has just

Trump: BREAKING NEWS: The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY! At my direction, Secretary of State Marco

tg:clashreportother31d ago kagi ↗

Trump: BREAKING NEWS: The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY! At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majorit

President Trump announces 'biggest oil deal in world history'

rss:nbcnewsus_mainstream31d ago kagi ↗

President Trump says the U.S. has entered into a deal with Venezuela to take control of 65 billion barrels of oil "at no cost to the American taxpayer." Secretary Marco Rubio also claiming this deal a "huge win for both the American and Venezuelan people."

KYIV POST: Trump Says US Secures Majority Control of 65 Billion Barrels of Venezuelan Oil https://www. kyivpost.com/post/83302 Trump announced an unprecedented oil agreement giving the US majority con

mastodon:mstdn-socialother31d ago kagi ↗

KYIV POST: Trump Says US Secures Majority Control of 65 Billion Barrels of Venezuelan Oil https://www. kyivpost.com/post/83302 Trump announced an unprecedented oil agreement giving the US majority control over 65 billion barrels of Venezuelan reserves as Washington seeks to lower fuel prices. # World # NorthAmerica # LatinAmerica

What a surprise 🙄 Trump says US is taking partial control of Venezuela's vast oil reserves # USA # USpol # trump # Venezuela # oil # MyThoughts -- https://www. reuters.com/business/energy/us -enters-

mastodon:mstdn-socialother31d ago kagi ↗

What a surprise 🙄 Trump says US is taking partial control of Venezuela's vast oil reserves # USA # USpol # trump # Venezuela # oil # MyThoughts -- https://www. reuters.com/business/energy/us -enters-into-oil-agreement-with-venezuela-trump-says-2026-08-28/

"The deal gives the United States 55% effective output of the new private company -- including an ownership stake and rights to buy oil at cost. The company would be the second largest corporate holde

mastodon:mstdn-socialother31d ago kagi ↗

"The deal gives the United States 55% effective output of the new private company -- including an ownership stake and rights to buy oil at cost. The company would be the second largest corporate holder of proven reserves after Saudi Aramco, according to the official." /2 # USA # Venezuela # oil --- Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves

#USA #Venezuela President Trump announced a significant deal with Venezuela that would allow the U.S. to take an ownership stake in oil fields containing approximately 90 billion barrels of proven res

tg:osintdefenderother31d ago kagi ↗

#USA #Venezuela President Trump announced a significant deal with Venezuela that would allow the U.S. to take an ownership stake in oil fields containing approximately 90 billion barrels of proven reserves. This deal is seen as a major step towards enhancing U.S. energy security. Subscribe to @OSINTdefender | 💬 Chat room

The US will control 55% of output from the new oil company in Venezuela

rss:mercopressinternational31d ago kagi ↗

US President Donald Trump announced on Friday an agreement with Venezuela's interim government granting Washington majority control over more than 65 billion barrels of proven Venezuelan crude reserves, around 21% of the country's total. Acting president Delcy Rodríguez confirmed the deal.

US to control one fifth of Venezuela's oil reserves, Trump says

rss:france24international31d ago kagi ↗

President Donald Trump on Friday announced an unprecedented US push ​to take control of a fifth of Venezuela's vast oil reserves, betting that American companies can revive the OPEC nation's battered energy industry while delivering a new source of crude to help bring down US fuel prices.

US Will Take Majority Control of Vast Venezuelan Oil Reserves Trump said a US-led venture would gain majority control over 65 billion barrels of proven Venezuelan reserves, with Washington controlling

tg:clashreportother31d ago kagi ↗

US Will Take Majority Control of Vast Venezuelan Oil Reserves Trump said a US-led venture would gain majority control over 65 billion barrels of proven Venezuelan reserves, with Washington controlling 55% of effective output and securing crude at cost. READ MORE

TRUMP, THE THIEF! Convicted felon Donald J. Trump announces a U.S.-Venezuela oil agreement that he says gives the U.S. majority control of more than 65 billion barrels of Venezuelan reserves at no cos

mastodon:mstdn-socialother31d ago kagi ↗

TRUMP, THE THIEF! Convicted felon Donald J. Trump announces a U.S.-Venezuela oil agreement that he says gives the U.S. majority control of more than 65 billion barrels of Venezuelan reserves at no cost to taxpayers, more than doubling American oil reserves and lowering gas prices. Trump invaded Venezuela to take over the head of its corrupt government, then replaced it with his own dirty governmen

The Trump administration has agreed for the U.S. government to take a 35% passive stake in a Venezuelan oil company, giving Washington preferential access to some of the country’s vast oil reserves. T

tg:clashreportother30d ago kagi ↗

The Trump administration has agreed for the U.S. government to take a 35% passive stake in a Venezuelan oil company, giving Washington preferential access to some of the country’s vast oil reserves. The Pentagon’s Office of Strategic Capital would finance the investment, while the company could develop 17 oil fields holding an estimated 65 billion barrels of reserves. The deal aims to revive Venez

Trump’s Venezuela Oil Grab Reprises Industry’s Neocolonial Past

rss:bloomberg-politicsus_mainstream30d ago kagi ↗

President Donald Trump’s plan to seize direct control of Venezuela’s oil reserves is prompting warnings that the Latin American nation will become a modern-day resource colony akin to the so-called banana republics of a century ago — something that could create long-term risks for oil companies operating there.