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Bloomberg

As US-Venezuela Oil Deal Takes Shape, Here Are the Key Points

Tuesday, September 1, 2026


A proposed agreement between the United States and Venezuela would grant the US access to more than 65 billion barrels of Venezuelan crude reserves, according to the White House. The Trump administration has characterized the deal as significant to US energy strategy. Details of the agreement's terms, timeline, and implementation remain under negotiation.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-01/as-us-venezuela-oil-deal-takes-shape-here-are-the-key-points

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