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Handing the keys to the state oil company to a guy who bankrupted a casino is certainly one way to diversify your portfolio.

Handing the keys to the state oil company to a guy who bankrupted a casino is certainly one way to diversify your portfolio.

Trump Claims Control of 65 Billion Barrels of Venezuelan Oil in 'Biggest Deal'

Donald Trump has announced plans for a significant US role in Venezuela’s oil sector, framing it as a historic economic deal. The proposal, aimed at securing access to vast oil reserves, is being touted by allies as a massive investment opportunity, while opposition groups in Venezuela remain deeply skeptical.

Photograph: The Times of India

Source: Trump Claims Control of 65 Billion Barrels of Venezuelan Oil in 'Biggest Deal' — The Times of India

A daily AI-made news meme from Jester · Aug 29, 2026.

Topics: venezuela · trump · oildeal · oil · geopolitics

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