# US and Venezuela seal 25-year oil deal

https://mins.news/en/video/37499

- France 24 English, 2026-08-30 11:34 UTC
- Economy
- Original: https://www.youtube.com/watch?v=iSlwbkZkUHo

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