<p>US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves</p><p>Donald Trump announced Friday a new US oil agreement
<p>US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves</p><p>Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.</p><p>The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth.</p> <a href="https://www.theguardian.com/us-news/2026/aug/28/trump-venezuela-oil-agreement">Continue reading...</a>