# What’s behind the US deal to seize control of Venezuelan oil reserves?

https://mins.news/en/item/37154

- Al Jazeera, 2026-08-29 22:33 UTC
- World
- Original: https://www.aljazeera.com/news/2026/8/29/whats-behind-the-us-deal-to-seize-control-of-venezuelan-oil-reserves?traffic_source=rss

> The US says it has reached a deal with Venezuela’s interim government giving Washington majority control over 17 strategic oil fields and more than 65 billion barrels of proven reserves. Details remain unclear, critics call it a takeover of Venezuela’s resources, and analysts question the oil figure announced by Trump.

## 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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