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Trump Announces Major Oil Deal with Venezuela

Updated 2026-08-29 02:55 UTC 1 source Neutral

US President Trump announced a significant oil deal with Venezuela, securing majority control of over 65 billion barrels of proven reserves. The move aims to bolster US energy security and challenge OPEC dominance.

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Al Jazeera
US president says deal secures majority control of more than 65 billion barrels of proven oil reserves in Venezuela.
2026-08-29 02:32 UTC
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