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US Gains Control of 65bn Barrels in Venezuela

Trump announces historic oil deal, US takes control of vast reserves. Venezuela's interim president involved.

Mumbai Alert · World Desk
Mumbai Alert · World Desk
World Desk · Mumbai Alert News · Sat, 29 August 2026 at 04:52 am
US Gains Control of 65bn Barrels in Venezuela

The United States has gained control of 65 billion barrels of oil in Venezuela, according to an announcement made by President Trump. This historic deal was negotiated by Secretary of State Marco Rubio, Defence Secretary Pete Hegseth, and Venezuela's interim President Delcy Rodriguez.

The agreement was announced by Trump in a social media post, marking a significant development in the country's relations with Venezuela. The US military had carried out an operation to capture Venezuela's President Nicolás Maduro almost nine months prior, acting on Trump's orders. Maduro was taken to the US to face federal charges related to narcoterrorism and drug trafficking.

The deal is being hailed as the 'biggest oil deal in history', with the US gaining control of a vast amount of oil reserves in Venezuela. The negotiations were led by high-ranking US officials, including Secretary of State Marco Rubio and Defence Secretary Pete Hegseth. Venezuela's interim President Delcy Rodriguez was also involved in the negotiations.

The operation to capture Maduro was a significant event in the history of US-Venezuela relations. The US military acted on Trump's orders to apprehend the Venezuelan president, who was then taken to the US to face charges. The charges against Maduro are related to narcoterrorism and drug trafficking, and are a result of a long-standing investigation.

The control of 65 billion barrels of oil in Venezuela is a major development for the US, with significant implications for the country's energy sector. The deal is expected to have far-reaching consequences for the global oil market, and will likely be closely watched by other countries.

The US has been involved in a long-standing dispute with Venezuela over the country's oil reserves. The US has imposed sanctions on Venezuela in an effort to pressure the government into reforming its policies. The deal announced by Trump is a significant shift in the US's approach to Venezuela, and marks a new era in the country's relations with the US.

The implications of the deal are still being assessed, but it is clear that the US has gained significant control over Venezuela's oil reserves. The deal is a major victory for the US, and is expected to have significant consequences for the global oil market.

In conclusion, the US has gained control of 65 billion barrels of oil in Venezuela, marking a historic deal that is expected to have far-reaching consequences. The deal was negotiated by high-ranking US officials, and marks a significant shift in the US's approach to Venezuela.

Frequently asked questions

How many barrels of oil has the US gained control of in Venezuela?

The US has gained control of 65 billion barrels of oil in Venezuela.

Who negotiated the historic oil deal?

The deal was negotiated by Secretary of State Marco Rubio, Defence Secretary Pete Hegseth, and Venezuela's interim President Delcy Rodriguez.

venezuelaoil dealus control
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