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What We Know About Trump’s Deal Giving US Access to Vast Oil Reserves in Venezuela

The agreement could draw $100 billion in investment and give the United States 55% of the new company’s output, officials said.

Summary by The Record
No text of any agreement has been released. It's not publicly known how soon the reserves could be drilled and who will pay to make it happen.
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Economy: Direct -- the US plan to acquire a 65 billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-billion-bill.

According to nearby sources, Trump pushed a major operation after feeling increasingly frustrated by the slowness with which private oil companies

·Bogota, Colombia
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  • 75% of the sources are Center
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The Business Journals broke the news in Charlotte, United States on Monday, August 31, 2026.
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