Published Aug 31, 2026, 11:53 AM ET · Updated 2 months ago · 2 sources

Trump’s Venezuela Deal Leaves $100 Billion Question Unanswered

bloomberg
bloomberg
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Original Report

President Donald Trump is framing the deal for a US stake in 65 billion barrels of Venezuelan oil as a victory that will lower gasoline prices and replenish depleted crude reserves. It’s far from certain the plan will lead to either during his presidency — if at all.