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As US-Venezuela Oil Deal Takes Shape, Here Are the Key Points

Bloomberg
Bloomberg
by Jake Lloyd-Smith
Sep 1, 2026 · 8:35 AM
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As US-Venezuela Oil Deal Takes Shape, Here Are the Key Points
President Donald Trump’s White House has called it the “biggest oil deal in history:” An agreement with Venezuela for the US to take control of more than 65 billion barrels of the nation’s crude reserves.
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