# US and Venezuela seal 25-year oil deal

https://mins.news/en/item/37482

- France 24, 2026-08-30 11:34 UTC
- Economy
- Original: https://www.france24.com/en/us-and-venezuela-seal-25-year-oil-deal

> US President Donald Trump described the agreement as “the biggest oil deal in world history.” Venezuela’s interim president said the 25-year accord covers 65 billion barrels of Venezuelan oil and is intended to develop the country’s oil industry while preserving its ownership and sovereignty over the resources.

## 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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