HOUSTON, TEXAS (By Pietro D. Pitts, Editores LatinPetroleum, 28.Aug.2026, Words: 351) — US president Donald Trump announced a massive deal with Venezuela’s interim president Delcy Rodriguez that would see the North America country snatch 65 billion barrels of Venezuelan oil reserves.
“It’s not that easy. You can’t just absorb another country’s oil reserves with a stroke of a pen because it violates all international law and sovereignty. That would have to be approved by both congresses and their respective Supreme Courts,” EnergyNomics president Carlos Rossi told Latin Petroleum.
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“The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY! 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 U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer. This Historic Transaction MORE THAN DOUBLES American Oil Reserves, greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans, long into the future, while helping to continue to set Venezuela on a course toward Tremendous Success and Great Prosperity. This Transaction will greatly strengthen the already growing relationship between Venezuela and the United States! Thank you for your attention to this groundbreaking matter. MAKE AMERICA GREAT AGAIN! President DONALD J. TRUMP.”
“It seems to me more like Trump’s political maneuvering than anything else, with the midterm elections in November and his low poll numbers. There are more subtle ways to access our oil,” Rossi said.
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By Pietro D. Pitts reporting from Houston. © 1999-2026 Energy Analytics Institute (EAI) and its 100% owned Venezuelan affiliate Editores Latin Petroleum CA. All Rights Reserved.
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