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@thetruism · Updated 18d ago

Washington, DCWorldUpdated 18d ago

United States and Venezuela have reached a new oil agreement as announced by Donald

US President Donald Trump has announced a historic agreement between the United States and Venezuela, claiming it gives the US control of 65 billion barrels—about one-fifth—of Venezuelan oil reserves. Key details, including the status of US economic sanctions against Venezuela and official confirmation of the terms from Caracas, remain unresolved.

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Location & context

Washington

United States and Venezuela have reached a new oil agreement

  1. 18d agoVenezuelan Vice President Delcy Rodríguez stated that the oil deal with Donald Trump offers endless benefits.
  2. 19d agoDonald Trump claimed that the new oil agreement with Venezuela would substantially lower gas prices.
  3. 19d agoDonald Trump stated the agreement will lower gas prices, while Venezuelan Vice President Delcy Rodríguez announced it covers 17 strategic fields.
  4. 19d agoUS President Donald Trump announced what he called the biggest oil deal in world history with Venezuela, claiming it covers 65 billion barrels of reserves.

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Live updates

  1. Aug 30 · 3:22 PM

    Venezuelan Vice President Delcy Rodríguez stated that the oil deal with Donald Trump offers endless benefits.

  2. Aug 30 · 12:00 AM

    Donald Trump claimed that the new oil agreement with Venezuela would substantially lower gas prices.

  3. Aug 29 · 11:26 PM

    Donald Trump stated the agreement will lower gas prices, while Venezuelan Vice President Delcy Rodríguez announced it covers 17 strategic fields.

  4. Aug 29 · 11:11 PM

    US President Donald Trump announced what he called the biggest oil deal in world history with Venezuela, claiming it covers 65 billion barrels of reserves.

  5. Aug 29 · 11:08 PM

    Major news outlets confirm Donald Trump's announcement of a historic oil agreement with Venezuela involving 65 billion barrels of oil reserves.

  6. Aug 29 · 11:07 PM

    Venezuela is reportedly considering an exit from OPEC as discussions continue with the United States regarding stakes in Venezuelan oil fields.

One living record. This page is revised as evidence arrives — it is never republished as a new article.

What we know

Developing

What we don't know

Open questions are tracked here until evidence answers them. The Truism never fills a gap with an assumption.

  • How this agreement will affect existing US economic sanctions against Venezuela.
  • Whether the Venezuelan government confirms the terms of the agreement.
  • Whether the Venezuelan government confirms the specific terms of the agreement as described by Trump.

Update & correction history

  1. Aug 30 · 3:22 PM

    Venezuelan Vice President Delcy Rodríguez stated that the oil deal with Donald Trump offers endless benefits.

  2. Aug 30 · 12:00 AM

    Donald Trump claimed that the new oil agreement with Venezuela would substantially lower gas prices.

  3. Aug 29 · 11:26 PM

    Donald Trump stated the agreement will lower gas prices, while Venezuelan Vice President Delcy Rodríguez announced it covers 17 strategic fields.

  4. Aug 29 · 11:11 PM

    US President Donald Trump announced what he called the biggest oil deal in world history with Venezuela, claiming it covers 65 billion barrels of reserves.

  5. Aug 29 · 11:08 PM

    Major news outlets confirm Donald Trump's announcement of a historic oil agreement with Venezuela involving 65 billion barrels of oil reserves.

  6. Aug 29 · 11:07 PM

    Venezuela is reportedly considering an exit from OPEC as discussions continue with the United States regarding stakes in Venezuelan oil fields.

  7. Aug 29 · 11:05 PM

    Donald Trump announced a deal for the U.S. to take control of 65 billion barrels of Venezuelan oil, stating it was brokered by Marco Rubio and Pete Hegseth.

  8. Aug 29 · 9:00 PM

    Major international news outlets confirm Donald Trump's announcement of a historic US-Venezuela oil deal.

  9. Aug 29 · 10:40 AM

    Donald Trump stated that the deal involves the US taking control of 65 billion barrels of Venezuela's oil reserves.

  10. Aug 29 · 10:40 AM

    Trump announces deal for the US to control 65 billion barrels of Venezuela's oil.

  11. Aug 29 · 1:36 AM

    Donald Trump stated that the United States is taking partial control of Venezuela's oil reserves.

The record is never silently rewritten. Every change is logged.