Donald Trump on Friday announced an unprecedented U.S. push to take control of a fifth of Venezuela's vast oil reserves. Interim President of Venezuela, Delcy Rodriguez said late on Friday that the agreement would allow for a significant increase in production through the development of 17 strategic fields and result in tax revenue for the country totaling $209 billion. "These investments will contribute not only to the recovery and modernization of our industry, but also to our country’s economic growth, the energy security of our hemisphere, and greater balance in international markets," she said in a statement. https://www.reuters.com/business/energy/us-enters-into-oil-agreement-with-venezuela-trump-says-2026-08-28/
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