# US and Venezuela reach oil deal

https://mins.news/en/item/39670

- CGTN, 2026-08-31 21:53 UTC
- Economy
- Original: https://newsus.cgtn.com/news/2026-09-01/US-and-Venezuela-reach-oil-deal-1Q4wj7LgBKU/p.html?UTM_Source=cgtn&UTM_Medium=rss&UTM_Campaign=World

> US President Donald Trump and Venezuela’s acting president, Delcy Rodríguez, announced an agreement giving the United States majority control of more than 65 billion barrels of Venezuela’s proven oil reserves. Both governments say it will benefit their populations, while some Venezuelans have voiced concern.

## 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 announces US-Venezuela oil deal](https://mins.news/en/video/37062) — ABC News, 2026-08-29
- [Trump says US struck deal to control Venezuela’s oil reserves](https://mins.news/en/item/36268) — TASS, 2026-08-28