# Trump says US and Venezuela reach ‘historic’ oil deal

https://mins.news/en/item/36295

- BBC News, 2026-08-28 23:54 UTC
- Politics
- Original: https://www.bbc.co.uk/news/articles/cx2zlwe7qj1o?at_medium=RSS&at_campaign=rss

> President Donald Trump says the US has agreed with Venezuela to control a majority of more than 65 billion barrels of its proven oil reserves. He says the transaction will expand America’s oil supply and lower gas prices. Secretary of State Marco Rubio called it a “huge win” for both countries, while details remain undisclosed.

## 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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