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Trump’s Announced Venezuela Oil Deal

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    Trump’s Venezuela Oil Deal: What Is—and Isn’t—Known

    Trump claims a historic share of Venezuela's oil. Reported terms point to 25 years and a fifth of reserves, while 100 years, 55% output and $100 billion remain unproven.

    Manood
    • Trump announced a U.S.-Venezuela oil agreement on Aug. 28, 2026, calling it the biggest oil deal in history.
    • Multiple outlets reported the deal as 25 years, conflicting with an unnamed official's 100-year claim.
    • Experts say Venezuelan law caps mixed-company terms at 25 years plus a possible 15-year extension.
    • Experts expect no meaningful U.S. gasoline-price relief in 2026 because rebuilding output takes years.
    • No published contract, field list, financing terms or final operator roster allows independent verification of share, duration or value.
    • No confirmed legal path has been shown for 100-year concessions, Pentagon equity, or exclusive development rights under Venezuelan law.
    • Whether any binding text is released, and whether its terms survive scrutiny by lawyers, legislators and investors.
    • Whether private capital commits at anything near the projected scale before legal and political risk is clarified.

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Mga tao

  • Amy Myers Jaffeenergy consultant and expert on global energy policy, geopolitical risk, and energy and sustainability
  • Delcy RodriguezActing President of Venezuela since 2026
  • Donald TrumpPresident of the United States (2017–2021; since 2025)
  • Marco Rubio72nd United States Secretary of State since 2025
  • Nicolás MaduroVenezuelan politician
  • Ricardo HausmannVenezuelan economist (born 1956)

Mga lugar

  • Carabobo-1 oil field
  • United States
  • Venezuela