# Trump announces new US oil agreement with Venezuela

https://mins.news/en/item/36269

- The Guardian, 2026-08-28 23:34 UTC
- Economy
- Original: https://www.theguardian.com/us-news/2026/aug/28/trump-venezuela-oil-agreement

> Donald Trump announced a new oil agreement with Venezuela, saying the US would gain “majority” control of more than 65bn barrels of proven reserves. Marco Rubio called it a major win for both countries, while a Venezuelan opposition figure denounced the deal as a “massive land grab.”

## Stories

- [US Venezuela Oil and Diplomatic Relations](https://mins.news/en/topic/us-venezuela-oil-relations) — Markdown: https://mins.news/en/topic/us-venezuela-oil-relations.md

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- [Trump says US and Venezuela reach ‘historic’ oil deal](https://mins.news/en/item/36295) — BBC News, 2026-08-28
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