29.08.2026 - 15:28 [ CNN ]

Trump says US reaches deal with Venezuela to control 65 billion barrels of country’s oil reserves

“At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer,” Trump wrote on social media.

Trump’s emphasis on lowering American gas prices, almost two months before the US midterm elections, comes as the national average gas price sits at more than $4 a gallon.