US gains control of over 20% of Venezuela's oil reserves in new deal

President Donald Trump announced the agreement on August 30, 2026, saying Venezuelan oil will replenish the US Strategic Petroleum Reserve.

A new agreement grants the United States control over more than 20% of Venezuela's proven oil reserves, according to El Universal, a report carried by two publishers.[^1]

Carried by 1 publishers across 0 articles; the full record rides under the article.

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