{
  "id": 4059467,
  "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",
  "topic": "world",
  "section": "World",
  "published": "2026-08-28T23:55:02.000Z",
  "source": {
    "name": "The Sydney Morning Herald",
    "slug": "the-sydney-morning-herald",
    "url": "https://www.smh.com.au/world/north-america/trump-says-us-has-agreed-deal-with-venezuela-to-take-control-of-65-billion-barrels-of-oil-reserves-20260829-p60slm.html?ref=rss"
  },
  "original_language": "en",
  "account": null,
  "summary": "US President Donald Trump has announced that the US has agreed a deal with Venezuela to take control of 65 billion barrels of oil reserves. According to Trump, the deal, described as \"the biggest oil deal in world history\", was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and Venezuela's interim President Delcy Rodriguez, through a partnership with private business, and at no cost to the American taxpayer.\n\nThe deal, Trump claims, will more than double American oil reserves, greatly increase the US oil supply, and substantially lower gas prices for Americans. Trump also stated that the deal will help set Venezuela on a course toward \"Tremendous Success and Great Prosperity\".\n\nThe announcement comes as the US faces high gas prices, with the war in Iran having reached a six-month milestone. The US has tapped its strategic petroleum reserves, which had fallen below 300 million barrels in early August. According to CBS News, Secretary of State Marco Rubio said the deal will bring nearly $100 billion in private investment, support thousands of high-paying jobs, and drive the reconstruction of Venezuela's economy.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "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 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."
}