{"id":2651391,"date":"2026-08-28T19:41:06","date_gmt":"2026-08-28T23:41:06","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-announces-massive-oil-deal-with-venezuela\/"},"modified":"2026-08-28T19:41:06","modified_gmt":"2026-08-28T23:41:06","slug":"trump-announces-massive-oil-deal-with-venezuela","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-announces-massive-oil-deal-with-venezuela\/","title":{"rendered":"Trump announces massive oil deal with Venezuela"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-announces-massive-oil-deal-with-venezuela%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2651391&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p class=\"wp-block-paragraph\">President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/washingtonexaminer.com\/tag\/donald-trump\" data-type=\"link\" data-id=\"washingtonexaminer.com\/tag\/donald-trump\">Donald Trump<\/a> announced on Friday that he struck a historic oil deal with <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/washingtonexaminer.com\/tag\/venezuela\" data-type=\"link\" data-id=\"washingtonexaminer.com\/tag\/venezuela\">Venezuela<\/a>, after\u00a0<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/4400169\/what-to-know-about-the-u-s-strikes-on-venezuela-and-maduros-fall\/\">wresting power<\/a>\u00a0from former Venezuelan dictator Nicolas Maduro in January.<\/p>\n<p class=\"wp-block-paragraph\">The president said the United States has established \u201cmajority\u201d control over more than 65 billion barrels of oil in Venezuela, \u201cat no cost to the American taxpayer.\u201d Trump said the transaction more than doubles U.S. oil reserves, a significant development given that the cost of energy has spiked due to turmoil in the Strait of Hormuz sparked by the president\u2019s war with Iran.<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4705005\/trump-venezuela-oil-deal-65-billion-barrels-in-reserves\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Trump announces massive oil deal with Venezuela for over 65 billion barrels in reserves<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4703532\/trump-order-rename-lake-ontario-where-does-change-apply\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Trump signed an order to rename Lake Ontario to Lake America \u2014 what to know<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/energy-and-environment\/4703523\/trump-offshore-leasing-head-matt-giacona-leaving-administration-halliburton\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Trump\u2019s head of offshore leasing leaving for oilfield services firm Halliburton<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p class=\"wp-block-paragraph\">\u201cThe United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!\u201d Trump <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/117175567133618952\">posted<\/a> on Truth Social.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-1\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-1\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-15\" data-wex-ad=\"art-dsk-inart-1\"><\/div>\n<\/div>\n<\/div>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">\u201cThis Historic Transaction MORE THAN DOUBLES American Oil Reserves, greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans, long into the future, while helping to continue to set Venezuela on a course toward Tremendous Success and Great Prosperity,\u201d the president added. \u201cThis Transaction will greatly strengthen the already growing relationship between Venezuela and the United States!\u201d<\/p>\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/energy-and-environment\/4413070\/trump-meets-oil-executives-bid-boost-us-drilling-venezuela\/\"><strong>TRUMP MEETS WITH OIL EXECUTIVES IN BID TO BOOST US DRILLING IN VENEZUELA<\/strong><\/a><\/p>\n<p class=\"wp-block-paragraph\">In January, the U.S. assumed significant control over Venezuela, which is estimated to have the largest oil reserves in the world, at around 300 billion barrels. At the time, U.S. military forces captured Maduro in order to begin the process of instituting what Washington described as democratic reforms in the country.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-2\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-2\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-16\" data-wex-ad=\"art-dsk-inart-2\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump announced on Friday that he struck a historic oil deal with Venezuela, after\u00a0wresting power\u00a0from former Venezuelan dictator Nicolas Maduro in January. The president said the United States has established \u201cmajority\u201d control over more than 65 billion barrels of oil in Venezuela, \u201cat no cost to the American taxpayer.\u201d Trump said the transaction<\/p>\n","protected":false},"author":3142,"featured_media":2651392,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/trump-venezuela-oil-deal.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2651391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/trump-venezuela-oil-deal.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2651391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3142"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2651391"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2651391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2651392"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2651391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2651391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2651391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}