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US in Talks With Venezuela to Take Major Stake in Oil Fields
Posted
August 28, 2026
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0:12Now PlayingThe US is in talks with Venezuela to take a large stake in its oil fields, which would extend the Trump administration's influence on the post-Maduro government and the nation's vast energy reserves. #trump #usa #venezuela #news #oil
Negotiators from both countries are discussing a possible arrangement, including a 100-year-lease on several oilfields, although the talks are ongoing and the terms of any deal could still change.
Obtaining large Venezuelan reserves would boost US oil supplies at a time of intense market volatility, and the US has already controlled Venezuelan oil sales while easing sanctions to allow US companies to do business in the country.
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