Key Takeaway
US president says US will have ‘majority’ control of 65bn barrels of proven oil reservesDonald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves. The terms of the agreement remain to be seen, but the US president said on his social-media…
Published August 28, 2026 · Category: News
Overview
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’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.
Details
The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth.
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Source
Originally published at www.theguardian.com.
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What is "Trump announces new US oil agreement with Venezuela" about?+
US president says US will have ‘majority’ control of 65bn barrels of proven oil reservesDonald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with private business” by his secretary of state, Marco Rubio, and defense
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This story was reported by The Guardian World.