“At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority US control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer,”

Donald Trump · said date not stated · reported 2026-08-29

Trump wrote on Truth Social that the deal secured majority US control of over 65 billion barrels of proven oil reserves in Venezuela at no cost to American taxpayers.