Trump announces new US oil agreement with Venezuela
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Americas category. Published on August 28, 2026 • Originally reported by Guardian staff and agencies. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Americas category. Published on August 28, 2026 • Originally reported by Guardian staff and agencies. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
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.
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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