Home › What’s behind the US deal to seize control of Venezuelan oil reserves? What’s behind the US deal to seize control of Venezuelan oil reserves? Posted on August 29, 2026 by Related Coverage ‘A New Form of U.S. Colonialism’: Venezuelans Bristle at U.S. Oil Takeover Trump found an unusual solution to his Venezuela problem Trump says U.S. now has majority control of over 60 billion barrels of Venezuelan oil reserves Democrats sound alarm on US-Venezuela oil deal: ‘This isn’t a win’ Read original article Related Articles San Francisco’s ‘House of Latin Rock’ Granted Historic Landmark Status Nepal floods latest: Rescue efforts enter fifth day with more than 2,400 missing after flash flood Thieves Steal $70,000 Worth of Pabst Blue Ribbon Beer in Back-to-Back California Heists