U.S. has entered deal with Venezuela to take control of 65 billion barrels of oil reserves, Trump says

NBC News - August 28, 2026

U.S. has entered deal with Venezuela to take control of 65 billion barrels of oil reserves, Trump says

President Donald Trump announced on Friday that the U.S. had entered an agreement with Venezuela to take control of the country’s 65 billion barrels of oil reserves.

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