Trump's Oil Deal Claims 'THE BIGGEST OIL DEAL IN WORLD HISTORY' Amid Rising Gas Prices and
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In a social media post, Trump called it "THE BIGGEST OIL DEAL IN WORLD HISTORY" and said it would provide majority U.S. control of more than 65 billion barrels of proven oil reserves in Venezuela.
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The Daily WirePresident Donald Trump announced Friday that the United States had reached an agreement with Venezuela securing majority U.S. control of more than 65 billion barrels of oil reserves, touting the deal as a major boost to U.S. energy security and a potential long-term answer to rising gas prices.
NBC NewsPresident Donald Trump announced on Friday that the U.S. had entered into an agreement with Venezuela to take control of the country’s 65 billion barrels of oil reserves.
New York PostPresident Trump announced a major agreement with Venezuela Friday that will allow the US to “more than double” its existing oil reserves.
BBC NewsPublished The US has reached a deal with Venezuela to control more than 65 billion barrels of its proven oil reserves, according to President Donald Trump.
PBS NewsHourTrump says U.S. has entered deal with Venezuela to control 65 billion barrels of its oil reserves The announcement of the deal comes nearly nine months after the U.S. military at Trump's direction carried out an operation to capture Venezuela's president Nicolás Maduro and spirit him to the United States to face federal narcoterrorism and drug trafficking charges.
The Guardian USDonald Trump announced Friday a new US oil agreement with Venezuela, saying the US will have “majority” control of 65bn barrels of proven oil reserves.
Washington ExaminerThe president said the United States has established “majority” control over more than 65 billion barrels of oil in Venezuela, “at no cost to the American taxpayer.” Trump said the transaction more than doubles U.S. oil reserves, a significant development given that the cost of energy has spiked due to turmoil in the Strait of Hormuz sparked by the president’s war with Iran.
ReutersTrump announces sweeping US grab for control of Venezuela's vast oil reserves - Reuters Trump announces sweeping US grab for control of Venezuela's vast oil reserves Reuters
HuffPostWASHINGTON (AP) — President Donald Trump on Friday said the U.S. has entered an agreement with Venezuela to take control of 65 billion barrels of the South American country’s oil reserves.
Associated PressWASHINGTON (AP) — President Donald Trump on Friday said the U.S. has entered an agreement with Venezuela to take control of 65 billion barrels of the South American country’s oil reserves.
New York TimesTrump Says U.S. Has Deal for Control of Large Share of Venezuela’s Oil The president said an agreement between the countries covered more than 65 billion barrels of reserves. A U.S. official said it would involve a partnership with a private company.
NPR News"The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!" Trump wrote.
The HillTrump says he secured ‘majority U.S. control’ of large slice of Venezuela’s oil reserves President Trump said Friday evening that there will be “majority U.S. control” of a large swath of Venezuela’s oil reserves.  “BREAKING NEWS: The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!” Trump wrote in a post on Truth Social.  “At my…
BreitbartRep. Ro Khanna (D-CA) said Friday on MS NOW’s “All In” that President Donald Trump’s agreement giving the U.S. majority control over more than 65 billion barrels of Venezuelan’s oil reserves is “morally wrong.”
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In a social media post, Secretary of State Marco Rubio called the deal a "huge win" for both the U.S. and Venezuela.
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NPR NewsTrump in a social media post announcing the agreement said it was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and Venezuela's acting President Delcy Rodríguez.
HuffPostTrump in a social media post announced the agreement he said was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and Venezuela’s interim President Delcy Rodriguez.
Associated PressTrump in a social media post announced the agreement he said was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and Venezuela’s interim President Delcy Rodriguez.
BBC NewsSecretary of State Marco Rubio called the deal "a huge win for both the American and Venezuelan people". Details have not been released.
NBC NewsSecretary of State Marco Rubio touted the deal as a “huge win” for both the U.S. and Venezuela in a post on X.
The Daily WireThe president said Secretary of State Marco Rubio and Secretary of War Pete Hegseth negotiated the deal with Venezuela’s interim President Delcy Rodriguez and private businesses.
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Trump faces mounting pressure to address high gas prices as the war in Iran reaches a six-month milestone with no conclusion in sight. The U.S. has tapped its strategic petroleum reserves, which in early August fell below 300 million barrels, down by more than 100 million barrels since the start of 2026.
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Associated PressTrump faces mounting pressure to address high gas prices as the war in Iran reaches a six-month milestone with no conclusion in sight. The U.S. has tapped its strategic petroleum reserves, which in early August fell below 300 million barrels, down by more than 100 million barrels since the start of 2026.
NPR NewsTrump faces mounting pressure to address high gas prices as the war in Iran on Friday reached a six-month milestone with no conclusion in sight. The U.S. has tapped its strategic petroleum reserves, which in early August fell below 300 million barrels, down by more than 100 million barrels since the start of 2026.
NBC NewsTrump is facing increasing pressure as midterms elections loom and gas prices have spiked because of the war with Iran, which was started by the U.S. and Israel six months ago on Feb. 28.
ABC NewsThe announcement comes as oil and gas prices continue to surge amid the Iran war, which reached the six-month mark on Friday.
The Daily WireThe timing is particularly significant as Americans face elevated energy prices and the Trump administration attempts to manage the economic fallout from the war with Iran. The conflict has disrupted global oil markets, particularly through the Strait of Hormuz, a critical shipping corridor for crude.
The Guardian USTrump is under pressure before November’s midterm elections over rising gasoline prices, which could be eased through cheaper oil supplies and expanded output.
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Independent claims that didn't surface elsewhere in our corpus. Treat as supplementary — not corroborated across outlets.
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01 Washington Examiner The president’s latest announcement on the sweeping oil deal with Venezuela comes at a critical time for the Republican Party. At roughly two months out from the midterm elections, Democrats have seized on gas prices that have surged due to the Iran war to press affordability issues and make their case for a change of leadership down the ballot in November.
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02 Breitbart Host Chris Hayes said, “I want to ask you about something he said today. He just announced that having abducted a president of that country, that we are now going to essentially get all their oil reserves. This is a huge deal. And we’ve now taken over, essentially, Venezuelan oil reserves. Do you think there’s still like a core of anti-imperial civic culture in this country, in which just people understand there’s something wrong about abducting a country’s leader to take their oil?”
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03 NBC News Space Academy 01:31 Trump orders Lake Ontario renamed ‘Lake America’ 01:25 Can Trump rename Lake Ontario to 'Lake America'? 02:04 Trump signs executive order to rename Lake Ontario to 'Lake America' 00:57 Secret Service responds to reports of Iranian threat against Trump's son Barron 01:51 Supreme Court allows Trump's mail-in ballot order to go into effect 01:53 U.S. imposes 50% tariffs on some Canadian goods after trade talks collapse 02:20 Trump tells voters to ‘pretend’ he is on the ballot ahead of South Carolina Senate runoff 01:51 Trump says he will meet with Kim Jong Un this year 02:26 Trump says he had 'a good conversation' with Canadian prime minister about tariffs 01:29 Trump posts that 'no talks or conversations' are scheduled with Iran 02:46 Melania Trump noticeably keeping a much lower profile in her second term as first lady 03:32 Trump threatens to bomb Oman if it interferes with Strait of Hormuz deal 03:50 Trump speaks on higher gas prices 00:58 Trump downplays concerns about living conditions on aircraft carrier 01:33 Trump downplays concerns about conditions aboard USS Abraham Lincoln 02:26 Haitians in Maryland live in fear over ICE detentions after end of their TPS status 03:34 Karoline Leavitt to step down as White House press secretary at end of August 03:23
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04 The Guardian US The US also has been looking for solutions to replenish its strategic petroleum reserve, the oil stockpile, including the possibility of crude swaps with US producers.
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05 NPR News Rodríguez's government in a statement said the deal involves the development of 17 fields with a proven potential of 65 billion barrels. It said the agreement could draw $100 billion in investment into Venezuela's oil industry and yield over $209 billion in taxes for Caracas.
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06 HuffPost The U.S.-Israel war against Iran has led to a dramatic slowdown of Gulf oil moving through the Strait of Hormuz, which about 20% of the world petroleum passed through prior to the conflict.
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07 ABC News The president claimed that the deal will serve to "substantially lower" gas prices for Americans "long into the future."
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08 The Daily Wire Trump said the agreement comes “at no cost to the American Taxpayer” and argued that it will strengthen the increasingly close relationship between Washington and Caracas.
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