{
  "id": 4075232,
  "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",
  "topic": "world",
  "section": "World",
  "published": "2026-08-29T00:57:47.000Z",
  "source": {
    "name": "Buenos Aires Times",
    "slug": "buenos-aires-times",
    "url": "https://www.batimes.com.ar/news/latin-america/trump-announces-deal-for-huge-us-stake-in-venezuelan-oil-reserves.phtml"
  },
  "original_language": "en",
  "account": "US President Donald Trump announced a historic oil deal with Venezuela on Friday, granting the United States majority control of 65 billion barrels of proven petroleum reserves. This unprecedented agreement is touted as the biggest oil deal in world history, according to Trump. The deal is expected to bring nearly US$100 billion in private investment to Venezuela, with additional tax revenue surpassing US$209 billion, as stated by US Secretary of State Marco Rubio. Interim Venezuelan leader Delcy Rodríguez hailed the deal, emphasizing the potential economic benefits for the nation. Venezuela, the world's largest oil producer, has faced intense pressure under the Trump administration since the ousting of President Nicolás Maduro in January. Trump's administration has long sought to secure Venezuela's oil reserves, with the deal projected to more than double US oil reserves. US officials confirmed talks on a dozen productive oil fields with 90 billion barrels of proven reserves, comprising a third of Venezuela's total reserves. In exchange for a US ownership stake, private companies would develop the fields and return oil revenues to Venezuela. While the deal aims to lower gasoline prices for US citizens, skepticism remains due to Venezuela's poor infrastructure and past government practices.",
  "summary": "Venezuela agrees major oil deal with the United States, giving Washington majority control of 65 billion barrels of proven petroleum reserves; Trump and Rodríguez hail \"historic\" agreement, saying it will benefit both nations. Leer más",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "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": "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."
}