August 29, 2026
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1:12:13Now PlayingPresident Trump has announced what he calls the biggest oil deal in world history—an agreement giving the United States majority control over the development of 65 billion barrels of Venezuelan oil reserves.
In this livestream, Navy submarine veteran Ben Dykes breaks down what this massive agreement could mean for American gas prices, energy independence, the Strategic Petroleum Reserve, and U.S. national security. We’ll also examine how Venezuelan oil could reduce Iran’s leverage over the Strait of Hormuz while challenging China and Russia’s influence in the Western Hemisphere.
Gas prices will not fall overnight, and developing Venezuela’s neglected oil fields could take years. But if this agreement succeeds, it could reshape global energy markets and strengthen America’s position for generations.
Topics covered:
Trump’s Venezuela oil agreement
65 billion barrels of oil reserves
Future U.S. gas prices
American energy security
The Strait of Hormuz and Iran
China and Russia in Venezuela
Strategic Petroleum Reserve
Global oil markets
Ben Dykes is a 20-year U.S. Navy submarine veteran providing clear, military-minded analysis of national security, global conflict, energy security, and the threats facing America.
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