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U.S. and Venezuela Reach Oil Deal

Updated 2026-08-29 02:25 UTC 1 source Neutral

President Trump announced a deal with Venezuela that could grant the U.S. access to 65 billion barrels of oil reserves. The agreement aims to exploit Venezuela's untapped resources, despite ongoing political tensions.

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NPR
President Trump says his administration has entered a sweeping agreement with Venezuela that could give the U.S. access to vast amounts of the South American country's untapped oil reserves, at cost.
2026-08-29 02:07 UTC
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