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US in talks with Venezuela to acquire stake in country'soil fields as strategic reserves fall to 40-year-low: Report

US and Venezuela are reportedly nearing a deal for Washington to acquire stakes in over a dozen Venezuelan oil fields, potentially boosting US oil reserves.

This story summarizes reporting from Hindustan Times. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on Hindustan Times →

Hindustan Times27 Aug 2026, 05:30 pmUpdated 1d ago1 min readWorldWorld

World — Hindustan Times

US in talks with Venezuela to acquire stake in country's oil fields as strategic reserves fall to 40-year-low: Report

US and Venezuela are reportedly nearing a deal for Washington to acquire stakes in over a dozen Venezuelan oil fields, potentially boosting US oil reserves.

This report is published with credit to Hindustan Times. The wire sent a summary; open the original for any extra context. Read on Hindustan Times →

Source: Hindustan Times. Published 27 Aug 2026, 05:30 pm.

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