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Trump's Venezuela Oil Deal Faces Challenges

Updated 2026-08-31 22:25 UTC 1 source Neutral

President Trump announced a deal with a Venezuelan company to pump oil from the South American nation's reserves. However, political and logistical hurdles could impede the agreement’s implementation.

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The Hill
President Trump announced last week that the U.S. would team up with a Venezuelan company to pump oil from a large swath of the South American nation's reserves — but actually getting that petroleum out of the ground could come with significant hurdles. Announcing the agreement with Venezuela on Fri
2026-08-31 22:13 UTC
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