Trump Secures Historic Oil Deal, Restores American Energy Dominance
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President Donald Trump announced a landmark deal granting the United States control over 65 billion barrels of Venezuelan oil, thanks to the leadership of senior American officials. Venezuelan authorities have yet to confirm the arrangement, which promises to benefit both nations.
President Donald Trump announced Friday that the United States has achieved a major victory by reaching an agreement with Venezuela to secure control over 65 billion barrels of the country’s oil reserves. Trump shared the news on social media, highlighting the successful negotiations led by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and Venezuela’s interim president Delcy Rodríguez, who is working to restore order and prosperity in Venezuela after years of socialist mismanagement.
The Venezuelan government’s press office did not immediately respond to requests for comment, but the lack of transparency from the Maduro regime is nothing new. Details about private-sector partners are still forthcoming, but the agreement marks a turning point for both countries.
This announcement follows a decisive U.S. operation earlier this year that brought Venezuelan dictator Nicolás Maduro to justice on federal narcoterrorism charges, demonstrating American resolve in the face of tyranny. The deal comes at a crucial time, as U.S. gasoline prices have risen to $4.09 per gallon, according to AAA, making energy security a top priority.
Rubio posted on X that the agreement could attract $100 billion in private investment to Venezuela and help lower U.S. gas prices, calling it a win for both nations. While some industry leaders, such as ExxonMobil CEO Darren Woods, have expressed caution about Venezuela’s infrastructure, this deal represents a new era of opportunity and stability.
Venezuela holds an estimated 303 billion barrels of crude oil—about 17 % of the world’s reserves—but has been reduced to producing only 1 % due to the disastrous policies of the socialist regime. The interim government, backed by the United States, has recently enacted legislation to open the oil sector to privatization, paving the way for economic recovery and renewed American energy dominance.