Trump Announces Deal to Secure Billions of Barrels of Venezuelan Oil
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“TRUMP ANNOUNCES 'HISTORIC' U.S.-VENEZUELA OILDEA”
covered 2026-08-30 ▶ Be on the air with LiveNOW from Fox“TRUMP ANNOUNCES DEAL TO SECURE BILLIONS OF BARRELS OF VENEZUELAN OIL FOR THE”
covered 2026-08-30 ▶ Be on the air with ABCWatch the moment
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Topic poll · all networksShould the U.S. restore Venezuela as a top oil supplier?
Topic poll · all networksWho bears most responsibility for Venezuela's oil collapse?
Venezuela once pumped 3.5M barrels/day — now just ~1.2M
At its 1998 peak, Venezuela was the world's #3 oil exporter. Sanctions, nationalization & economic collapse slashed output by ~65%. The new U.S. deal aims to reverse decades of steep decline.