# President Trump announces ‘biggest oil deal in world history’

https://mins.news/en/item/36731

- NBC News, 2026-08-29 01:30 UTC
- Economy
- Original: https://www.nbcnews.com/video/u-s-enters-deal-with-venezuela-to-take-control-of-65-billion-barrels-of-oil-reserves-269041221982

> President Trump says the United States has reached an agreement with Venezuela to take control of 65 billion barrels of oil at no cost to American taxpayers. Secretary of State Marco Rubio calls it a “huge win” for both American and Venezuelan people.

## 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

- [Trump boasts of US takeover of Venezuela’s vast oil reserves](https://mins.news/en/item/37244) — CGTN, 2026-08-29
- [What is in the US-Venezuela ‘biggest oil deal in world history’?](https://mins.news/en/item/36431) — Al Jazeera, 2026-08-29
- [President Trump announces ‘biggest oil deal in world history’](https://mins.news/en/video/36337) — NBC News, 2026-08-29
- [Trump hails major oil deal with Venezuela](https://mins.news/en/item/36253) — DW, 2026-08-28
