{
  "id": 4349817,
  "title": "Venezuela says it retains control of oil under US deal",
  "url": "https://urgent.news/2026/08/30/venezuela-says-it-retains-control-of-oil-under-us-deal-4349817",
  "topic": "world",
  "section": "World",
  "published": "2026-08-30T05:38:16.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/venezuela-says-it-retains-control-of-oil-under-us-deal/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Venezuela's interim leader, Delcy Rodriguez, has assured citizens that the country retains control of its oil despite a new agreement with the US. The deal grants the US significant access to Venezuela's vast oil reserves, with the US gaining majority control of 65 billion barrels of proven reserves.\n\nAccording to US President Donald Trump, the agreement is \"the biggest oil deal in history\" and will more than double American oil reserves, increasing the oil supply and lowering gas prices for Americans. Rodriguez, in a televised national address, said the deal will help revive the country.\n\nThe agreement was announced by Trump on Friday, with him claiming it was secured at no cost to the American taxpayer. Rodriguez emphasized that Venezuela retains ownership over its resources.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch Nigeria",
        "title": "Venezuela says it retains control of oil under US deal",
        "url": "https://urgent.news/2026/08/30/venezuela-says-it-retains-control-of-oil-under-us-deal",
        "published": "2026-08-30T05:22:16.000Z"
      }
    ]
  },
  "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."
}