# The US and Venezuela: a century-old relationship drenched in oil

https://mins.news/en/item/43506

- The Guardian, 2026-09-03 10:00 UTC
- World
- Original: https://www.theguardian.com/world/2026/sep/03/us-venezuela-visual-look-century-old-relationship-drenched-in-oil

> A 1950 US State Department memo described oil as the enduring link between Washington and Caracas. The article traces their relationship from cooperation to hostility, noting Donald Trump’s announcement that the US would take majority control of about a fifth of Venezuela’s oil reserves. The White House says the deal secures US energy dominance for the next century.

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