Trump announces deal with Venezuela to secure more than 65 billion barrels of oil reserves

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Source: CNBC
Published: 2026-08-29 09:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Trade & Sanctions, World News, US Politics, Business & Economy, War & Conflict
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Snippet:
The U.S. struck a deal with Venezuela to get majority control of more than 65 billion barrels of oil reserves as the war with Iran roils the global crude trade, President Donald Trump announced Friday.
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