{
  "id": 4067739,
  "title": "Trump announces deal for huge US stake in Venezuelan oil reserves",
  "url": "https://urgent.news/2026/08/29/trump-announces-deal-for-huge-us-stake-in-venezuelan-oil-reserves-4067739",
  "topic": "world",
  "section": "World",
  "published": "2026-08-29T00:13:28.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/29/trump-announces-deal-for-huge-us-stake-in-venezuelan-oil-reserves"
  },
  "original_language": "en",
  "account": "US President Donald Trump announced a monumental oil deal with Venezuela on Friday, granting the United States majority control over 65 billion barrels of proven petroleum reserves. Trump hailed the agreement as \"the biggest oil deal in world history\" and claimed it would bring nearly $100 billion in private investment to Venezuela. According to US Secretary of State Marco Rubio, the deal will stimulate nearly $100 billion in private investment, create thousands of high-paying jobs, and aid in the reconstruction of Venezuela's economy. The deal, brokered by Trump, Rubio, and Defense Secretary Pete Hegseth, involves private companies -- including American firms -- developing the oil fields and returning the profits to Venezuela.",
  "summary": "The deal would reportedly more than double US oil reserves at a time when the US strategic petroleum reserve is at a 40-year low.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "CBS News",
        "title": "Trump says U.S. now has control over 65 billion barrels of Venezuelan oil reserves",
        "url": "https://urgent.news/2026/08/28/trump-says-u-s-now-has-control-over-65-billion-barrels-of-venezuelan",
        "published": "2026-08-28T23:27:52.000Z"
      },
      {
        "outlet": "CBC News",
        "title": "Trump says U.S. makes deal to control 65 billion barrels of Venezuelan oil reserves",
        "url": "https://urgent.news/2026/08/28/trump-says-u-s-makes-deal-to-control-65-billion-barrels-of-venezuelan",
        "published": "2026-08-28T23:31:03.000Z"
      },
      {
        "outlet": "Le Monde English",
        "title": "Trump announces deal for huge US stake in Venezuelan oil reserves",
        "url": "https://urgent.news/2026/08/29/trump-announces-deal-for-huge-us-stake-in-venezuelan-oil-reserves",
        "published": "2026-08-29T00:05:36.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Trump announces US control over 65bil barrels in Venezuelan oil reserves",
        "url": "https://urgent.news/2026/08/29/trump-announces-us-control-over-65bil-barrels-in-venezuelan-oil",
        "published": "2026-08-29T00:13:00.000Z"
      },
      {
        "outlet": "RTE News",
        "title": "US secures huge stake in Venezuelan oil reserves - Trump",
        "url": "https://urgent.news/2026/08/29/us-secures-huge-stake-in-venezuelan-oil-reserves-trump",
        "published": "2026-08-29T00:20:15.000Z"
      },
      {
        "outlet": "Bangkok Post Business",
        "title": "Trump announces deal for huge US stake in Venezuelan oil reserves",
        "url": "https://urgent.news/2026/08/29/trump-announces-deal-for-huge-us-stake-in-venezuelan-oil-reserves-4077657",
        "published": "2026-08-29T00:45:00.000Z"
      },
      {
        "outlet": "Buenos Aires Times",
        "title": "Trump announces deal for huge US stake in Venezuelan oil reserves",
        "url": "https://urgent.news/2026/08/29/trump-announces-deal-for-huge-us-stake-in-venezuelan-oil-reserves-4075232",
        "published": "2026-08-29T00:57:47.000Z"
      },
      {
        "outlet": "Toronto Sun",
        "title": "Trump secures vast, potentially costly, U.S. stake in Venezuelan oil industry",
        "url": "https://urgent.news/2026/08/29/trump-secures-vast-potentially-costly-u-s-stake-in-venezuelan-oil",
        "published": "2026-08-29T01:05:08.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "‘Biggest oil deal in world history’: Trump says US to take partial control of 65 billion barrels of Venezuelan oil",
        "url": "https://urgent.news/2026/08/29/biggest-oil-deal-in-world-history-trump-says-us-to-take-partial",
        "published": "2026-08-29T01:12:54.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Trump announces deal for huge US stake in Venezuelan oil reserves",
        "url": "https://urgent.news/2026/08/29/trump-announces-deal-for-huge-us-stake-in-venezuelan-oil-reserves-4084928",
        "published": "2026-08-29T02:11:06.000Z"
      }
    ]
  },
  "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."
}