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Trump says U.S. has entered deal with Venezuela to take control of 65 billion barrels of oil reserves
President Trump waves after arriving off Air Force One, Friday, Aug. 28, 2026, at Joint Base Andrews, Md.
AI Summary
President Donald Trump announced on Friday that his administration has entered a sweeping agreement with Venezuela that could give the United States access to the country’s untapped oil reserves. The deal, if realized, would allow the U.S. to take control of 65 billion barrels of oil. Trump made the statement while arriving off Air Force One at Joint Base Andrews in Maryland. No further details about the terms or timeline of the agreement were provided.
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