BREAKING: US & Venezuela agree to 'biggest oil deal in world history,' Trump says - #NewVM2 #Dailyworldnews

BREAKING: US & Venezuela agree to 'biggest oil deal in world history,' Trump says - #NewVM2 #Dailyworldnews

Daily World News
Daily World News
1 Video View·Aug 29, 2026

President Trump announces that the United States and Venezuela have agreed to what he calls the “biggest oil deal in world history.”

The agreement would give the U.S. majority control of more than 65 billion barrels of Venezuela’s known oil reserves, at no cost to American taxpayers. Trump says the deal will more than double U.S. oil reserves and lead to lower gas prices.