BBC
Watch: Why is the US-Venezuela oil deal so controversial?
Monday, August 31, 2026
President Donald Trump announced the United States has reached an agreement regarding more than 65 billion barrels of proven oil reserves in Venezuela. The specific terms and conditions of the agreement were not detailed in the announcement. Trump did not provide additional information about implementation timeline or regulatory approval requirements.
Original reporting: https://www.bbc.co.uk/news/videos/c207kde49dvo?at_medium=RSS&at_campaign=rss