Trump secures vast, potentially costly U.S. stake in Venezuelan oil industry - The Washington Post

Evan Halper, Karen DeYoung, Anthony Faiola, Samantha Schmidt

Aug 28, 2026

Trump secures vast, potentially costly U.S. stake in Venezuelan oil industry - The Washington Post

The deal is contentious and could cost billions.

BREAKING: President Donald Trump on Friday announced an oil agreement with Venezuela, which he said would involve 65 billion barrels and more than double U.S. reserves at no cost to the American Taxp… [+57 chars]

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