Trump says U.S. will control majority of 65 billion barrels in Venezuela oil deal
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Trump Secures American Energy Dominance: U.S. Gains Majority Control of 65 Billion Barrels in Venezuela Oil Deal

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Summary

President Donald Trump has announced a landmark partnership that will give the United States majority control over more than 65 billion barrels of Venezuelan oil reserves, a strategic victory for American energy independence. The administration has not yet released full details of the agreement.

President Donald Trump announced on Friday that the United States has achieved a major breakthrough by securing majority control of more than 65 billion barrels of proven oil reserves in Venezuela. This historic deal, brokered by Secretary of State Marco Rubio and Defense Secretary Pete Hegseth in partnership with private American businesses, is being celebrated as a 'huge win for both the American and Venezuelan people,' according to Rubio’s statement on social media.

While President Trump has not yet revealed the specifics of the agreement, including the particular oil fields involved or the exact mechanisms of U.S. control, this bold move positions America to benefit from Venezuela’s vast reserves—estimated at 303 billion barrels, the largest in the world. The announcement comes at a critical time, as Americans face rising gasoline prices and the government works to replenish the strategic petroleum reserve. U.S. energy leaders like Chevron are also preparing to invest in Venezuela, further strengthening America’s energy security.

'It’s a land grab – a massive land grab,' complained a Venezuelan opposition figure who chose to remain anonymous, reflecting the resistance of those who oppose American leadership and prosperity.

The administration has not yet disclosed the financing details or the full impact on Venezuelan ownership, but this agreement marks a decisive step toward American energy dominance and economic strength.

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