Trump Says U.S. Secured Control Over 65 Billion Barrels of Venezuela’s Oil — A Historic Energy Gamble Begins
ABE NEWS | August 29, 2026 The United States is making an extraordinary move into Venezuela’s vast oil industry. President Donald Trump says Washington, working with Venezuela’s interim government and private companies, has secured majority control over more than 65 billion barrels of proven Venezuelan oil reserves — an amount equivalent to roughly one-fifth…