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Politics

Trump says U.S. now has control of over 60 billion barrels of Venezuelan oil reserves

CBS News Politics · August 29, 2026 at 12:15 AM

President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.

Read the full article on CBS News Politics ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbsnews.com — the content belongs to CBS News Politics.

This story in other outlets

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Trump says U.S. has entered deal with Venezuela to control 65 billion barrels of its oil reserves

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