{
  "id": 4057710,
  "title": "Trump hails major oil deal with Venezuela",
  "url": "https://urgent.news/2026/08/28/trump-hails-major-oil-deal-with-venezuela-4057710",
  "topic": "world",
  "section": "World",
  "published": "2026-08-28T23:23:00.000Z",
  "source": {
    "name": "DW English (Top Stories)",
    "slug": "dw-english-top-stories",
    "url": "https://www.dw.com/en/trump-hails-major-oil-deal-with-venezuela/a-78553607?maca=en-rss-en-top-1022-xml-mrss"
  },
  "original_language": "en",
  "account": "U.S. President Donald Trump announced on Friday that the United States has reached a monumental deal to acquire control of Venezuela's substantial oil reserves. According to Trump, the agreement was brokered by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and Venezuelan interim President Delcy Rodriguez. He emphasized the deal's unprecedented scale, declaring it the \"BIGGEST OIL DEAL IN WORLD HISTORY!\" on his Truth Social platform. Trump assured that the agreement would be free of cost to the American taxpayer.\n\nRubio revealed that the deal would bring about $100 billion (€86 billion) of private investment into Venezuela. He praised the agreement, stating that it is a substantial victory for both the American and Venezuelan populations. The arrangement is anticipated to more than double the U.S. oil reserves. Despite possessing the world's largest proven oil reserves, amounting to 303 billion barrels, Venezuela's oil production has historically lagged behind other major oil-producing nations due to persistent mismanagement, deteriorating infrastructure, and sanctions.",
  "summary": "US President Donald Trump said the United States signed an agreement with Venezuela to take control of 65 billion barrels of oil.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 12,
    "also_reported_by": [
      {
        "outlet": "Winnipeg Free Press",
        "title": "Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves",
        "url": "https://urgent.news/2026/08/28/trump-says-us-has-entered-deal-with-venezuela-to-take-control-of-65-4056806",
        "published": "2026-08-28T23:06:07.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "World News Today Live Updates: Trump announces sweeping US grab for control of Venezuela’s vast oil reserves",
        "url": "https://urgent.news/2026/08/28/world-news-today-live-updates-trump-announces-sweeping-us-grab-for",
        "published": "2026-08-28T23:08:23.000Z"
      },
      {
        "outlet": "DW News",
        "title": "Trump hails major oil deal with Venezuela",
        "url": "https://urgent.news/2026/08/28/trump-hails-major-oil-deal-with-venezuela",
        "published": "2026-08-28T23:23:00.000Z"
      },
      {
        "outlet": "Associated Press",
        "title": "Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves",
        "url": "https://urgent.news/2026/08/28/trump-says-us-has-entered-deal-with-venezuela-to-take-control-of-65",
        "published": "2026-08-28T23:23:02.000Z"
      },
      {
        "outlet": "Middle East Eye",
        "title": "Trump claims 'biggest oil deal in world history' signed with Venezuela",
        "url": "https://urgent.news/2026/08/28/trump-claims-biggest-oil-deal-in-world-history-signed-with-venezuela",
        "published": "2026-08-28T23:23:34.000Z"
      },
      {
        "outlet": "El Pais",
        "title": "Trump Announces Deal with Venezuela to Take Control of Part of Its Oil Sector",
        "url": "https://urgent.news/2026/08/28/trump-anuncia-un-acuerdo-con-venezuela-para-aduenarse-de-parte-de-su",
        "published": "2026-08-28T23:34:59.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "Trump says U.S. has entered deal with Venezuela to control 65 billion barrels of its oil reserves",
        "url": "https://urgent.news/2026/08/28/trump-says-u-s-has-entered-deal-with-venezuela-to-control-65-billion",
        "published": "2026-08-28T23:35:32.000Z"
      },
      {
        "outlet": "South China Morning Post",
        "title": "Trump says US has deal with Venezuela for control of 65 billion barrels of oil reserves",
        "url": "https://urgent.news/2026/08/28/trump-says-us-has-deal-with-venezuela-for-control-of-65-billion",
        "published": "2026-08-28T23:41:23.000Z"
      },
      {
        "outlet": "The Sydney Morning Herald",
        "title": "Trump says US has agreed deal with Venezuela to take control of 65 billion barrels of oil reserves",
        "url": "https://urgent.news/2026/08/28/trump-says-us-has-agreed-deal-with-venezuela-to-take-control-of-65",
        "published": "2026-08-28T23:55:02.000Z"
      },
      {
        "outlet": "The Age",
        "title": "Trump says US has agreed deal with Venezuela to take control of 65 billion barrels of oil reserves",
        "url": "https://urgent.news/2026/08/28/trump-says-us-has-agreed-deal-with-venezuela-to-take-control-of-65-4059775",
        "published": "2026-08-28T23:55:02.000Z"
      },
      {
        "outlet": "Jerusalem Post",
        "title": "US enters into oil agreement with Venezuela, Trump says",
        "url": "https://urgent.news/2026/08/29/us-enters-into-oil-agreement-with-venezuela-trump-says",
        "published": "2026-08-29T00:06:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}