# US-Venezuela oil deal: What does it mean for Washington?

https://mins.news/en/video/36958

- Al Jazeera English, 2026-08-29 15:32 UTC
- Politics
- Original: https://www.youtube.com/watch?v=rwcFQZ88-_8

> Washington has announced a deal giving it majority control of much of Venezuela’s oil reserves. The move follows the US military’s January capture and detention of President Nicolas Maduro and Donald Trump’s statement that the US would run the reserves, placing Venezuela’s vast oil resources at the centre of US policy and prompting questions about why they matter to Washington.

## 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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