August 31, 2026
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President Donald Trump has announced what he calls the **“biggest oil deal in world history”** with Venezuela’s interim president **Delcy Rodríguez**, just months after the United States captured former Venezuelan president **Nicolás Maduro**. The agreement gives a new U.S.-linked private venture rights to develop **17 Venezuelan oil fields containing more than 65 billion barrels of proven reserves**, with a reported **100-year concession** and the United States receiving **55% effective control of the venture’s output**.
In this video, we break down **Trump, Maduro, Delcy Rodríguez, Venezuela’s oil reserves, the $100 billion investment plan, U.S. control of Venezuelan oil, and the geopolitical power shift happening after Maduro’s removal**. We’ll look at the timeline, who controls the resources, who gets the oil, and why this deal matters for U.S. foreign policy, energy security, Venezuela, and global geopolitics.
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