# Trump says US will control a fifth of Venezuela’s oil reserves

https://mins.news/en/item/36510

- France 24, 2026-08-29 08:55 UTC
- Politics
- Original: https://www.france24.com/en/us-to-control-one-fifth-of-venezuela-s-oil-reserves-trump-says

> President Donald Trump announced on Friday an unprecedented US effort to take control of one-fifth of Venezuela’s vast oil reserves. He is betting American companies can revive the OPEC member’s battered energy sector while adding crude supplies to help lower US fuel prices.

## 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 boasts of US takeover of Venezuela’s vast oil reserves](https://mins.news/en/item/37244) — CGTN, 2026-08-29
- [Trump says US to control one fifth of Venezuela’s oil reserves](https://mins.news/en/video/36512) — France 24 English, 2026-08-29
- [Trump says US will take control of 65bn barrels of Venezuelan oil](https://mins.news/en/item/36298) — Financial Times, 2026-08-29