# Rubio says oil deal with US could attract $100 billion investment to Venezuela

https://mins.news/en/item/36312

- TASS, 2026-08-29 00:13 UTC
- Economy
- Original: https://tass.com/economy/2179181

> US Secretary of State Marco Rubio said an oil agreement with the United States could help Venezuela attract about $100 billion in private investment and support the reconstruction of its economy. He said the deal would also secure stable, low-cost oil reserves for the US and help lower gas prices. Trump had earlier announced majority US control of more than 65 billion barrels of Venezuela’s proven reserves.

## 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

## Related coverage

- [Venezuela Oil Deal Raises Questions Over US Role](https://mins.news/en/video/37575) — Bloomberg Television, 2026-08-30
- [Trump announces ‘biggest oil deal in world history’ with Venezuela](https://mins.news/en/item/36363) — Al Jazeera, 2026-08-29
- [Chevron to complete deal in Venezuela to migrate, expand oil projects, sources say](https://mins.news/en/item/36313) — Reuters, 2026-08-29
- [Trump says US and Venezuela reach ‘historic’ oil deal](https://mins.news/en/item/36295) — BBC News, 2026-08-28
