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US and Venezuela reach 'historic' oil deal, Trump says

US and Venezuela reach 'historic' oil deal, Trump says
BBC Business Saturday 29 August 2026, 00:25 UTC 1 min read
Key Points

The agreement would grant the US majority control of over 65 billion barrels of proven Venezuelan oil reserves, Trump said.

The agreement would grant the US majority control of over 65 billion barrels of proven Venezuelan oil reserves, Trump said.
US (LOCATION) Venezuela (LOCATION) Trump (ORG) Venezuelan (ORG)
Originally published by BBC Business Read original →

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