Home › What we know about Trump’s deal giving US access to vast oil reserves in Venezuela What we know about Trump’s deal giving US access to vast oil reserves in Venezuela Posted on August 29, 2026 by Related Coverage Trump found an unusual solution to his Venezuela problem What’s behind the US deal to seize control of Venezuelan oil reserves? ‘A New Form of U.S. Colonialism’: Venezuelans Bristle at U.S. Oil Takeover Trump says U.S. now has majority control of over 60 billion barrels of Venezuelan oil reserves Read original article Related Articles 19-Year-Old Critically Wounded in Shooting at Oxnard Five Guys Mutiny Attempt Against Niger’s Ruling Junta Triggers Gunfire in Capital Gas Prices Set All-Time August Record, Topping $4 Every Day This Month