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Politics · August 29, 2026

Trump says U.S. has entered deal with Venezuela to take control of 65 billion barrels of oil reserves

Confidence 70%
Spin 45%
1 sources analyzed →

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Neutral Summary

President Trump says his administration has entered a sweeping agreement with Venezuela that could give the U.S. access to vast amounts of the South American country's untapped oil reserves, at cost.

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