{"id":50043,"date":"2026-08-29T07:04:02","date_gmt":"2026-08-29T07:04:02","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=50043"},"modified":"2026-08-29T07:04:02","modified_gmt":"2026-08-29T07:04:02","slug":"president-trump-announces-historic-deal-securing-us-control-of-65000000000-barrels-of-venezuela-oil-reserves","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=50043","title":{"rendered":"President Trump Announces Historic Deal Securing US Control of 65,000,000,000 Barrels of Venezuela Oil Reserves"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"600\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2024\/01\/Cash-Deposit-Mysteriously-Disappears.jpg?resize=1024,600\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" \/><\/p>\n<p>President Trump is announcing a historic oil agreement that gives the United States majority control over more than 65 billion barrels of proven Venezuelan reserves.<\/p>\n<p>The deal was negotiated at his direction by top officials with Venezuelan interim leadership and private partners, reports <a href=\"https:\/\/www.bbc.com\/news\/articles\/cx2zlwe7qj1o\" rel=\"noopener\" target=\"_blank\">BBC<\/a>.<\/p>\n<p>It grants the US 55% effective output in a new joint venture oil company.<\/p>\n<p>President Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/117175567133618952\" rel=\"noopener\" target=\"_blank\">addressed<\/a> the agreement on social media.<\/p>\n<p><em>\u201cAt my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer.<\/em><\/p>\n<p><em>This Historic Transaction MORE THAN DOUBLES American Oil Reserves, greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans, long into the future, while helping to continue to set Venezuela on a course toward Tremendous Success and Great Prosperity.\u201d\u00a0<\/em><\/p>\n<p>Secretary of State Marco Rubio called the deal a huge win that will bring nearly $100 billion in private investment and support thousands of high-paying jobs while driving reconstruction of Venezuela\u2019s economy.<\/p>\n<p>The arrangement includes 100-year concessions for fields in the Orinoco Belt and Lake Maracaibo.<\/p>\n<p>It will <a href=\"https:\/\/edition.cnn.com\/2026\/08\/28\/politics\/trump-venezuela-oil-deal\" rel=\"noopener\" target=\"_blank\">support<\/a> the US strategic petroleum reserve and military needs through equity ownership and at-cost off-take. The initiative will also increase oil supply and lower gas prices.<\/p>\n<p><em><span>Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span>Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<div class=\"dianomi_context\" data-dianomi-context-id=\"736\"><\/div>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span>Generated Image: DALLE3<\/span><\/em><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/2026\/08\/29\/president-trump-announces-historic-deal-securing-us-control-of-65000000000-barrels-of-venezuela-oil-reserves\/\">President Trump Announces Historic Deal Securing US Control of 65,000,000,000 Barrels of Venezuela Oil Reserves<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/\">The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>President Trump is announcing a historic oil agreement that gives the United States majority control over more than 65 billion barrels of proven Venezuelan reserves. The deal was negotiated at his direction by top officials with Venezuelan interim leadership and private partners, reports BBC. It grants the US 55% effective output in a new joint [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":50044,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-50043","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>President Trump Announces Historic Deal Securing US Control of 65,000,000,000 Barrels of Venezuela Oil Reserves - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=50043\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Trump Announces Historic Deal Securing US Control of 65,000,000,000 Barrels of Venezuela Oil Reserves - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"President Trump is announcing a historic oil agreement that gives the United States majority control over more than 65 billion barrels of proven Venezuelan reserves. 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