# Analysis: Trump’s Venezuela oil deal faces steep hurdles

https://mins.news/en/video/36360

- Al Jazeera English, 2026-08-29 02:16 UTC
- Economy
- Original: https://www.youtube.com/watch?v=iWBgNvBcT3s

> US President Donald Trump says the United States has reached the “biggest oil deal in world history” with Venezuela, claiming US companies will gain majority control of more than 65 billion barrels of reserves at no cost to taxpayers. Energy economist Ed Hirs cautions that oil reserves underground are not the same as oil that can actually be extracted.

## 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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