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Trump Says U.S. Struck Deal for Control ofMore Than 65 Billion Barrels of Venezuela’s Oil

The president said an agreement between the countries covered more than 65 billion barrels of reserves. A U.S. official said it would involve a partnership with a private company.

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

Read full story on The New York Times
Rebecca F. Elliott, Simon Romero and Edward Wong29 Aug 2026, 04:53 pmUpdated 1h ago1 min readBusinessGlobal
Trump Says U.S. Struck Deal for Control of More Than 65 Billion Barrels of Venezuela’s Oil

GlobalRebecca F. Elliott, Simon Romero and Edward Wong

The president said an agreement between the countries covered more than 65 billion barrels of reserves. A U.S. official said it would involve a partnership with a private company.

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

Source: The New York Times · Rebecca F. Elliott, Simon Romero and Edward Wong. Published 29 Aug 2026, 04:53 pm.

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