Trump announces US majority control of Venezuela’s oil reserves

Author: dailypost.ngPublished on: August 29, 2026Country: United States

PoliticsBusiness & Economy

Trump announces US majority control of Venezuela’s oil reserves

United States President Donald Trump announced an agreement granting the country majority control of Venezuela’s proven oil reserves. Trump described this agreement as a significant step to strengthen American influence in the region. This decision comes amid rising tensions between the United States and Venezuela.

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