---
title: "Trump announces control of significant Venezuela oil share with over 65B barrels via a private business partnership."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297376895.md"
description: "The president announced a deal between the nations as \"a collaboration with private enterprises\" and over 65 billion barrels of reserves are said to be part of the agreement."
datetime: "2026-08-29T00:33:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297376895.md)
  - [en](https://longbridge.com/en/news/297376895.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297376895.md)
generator: "portal-rs"
---

# Trump announces control of significant Venezuela oil share with over 65B barrels via a private business partnership.

The president announced a deal between the nations as "a collaboration with private enterprises" and over 65 billion barrels of reserves are said to be part of the agreement.

### Related Stocks

- [BNO.US](https://longbridge.com/en/quote/BNO.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [SCO.US](https://longbridge.com/en/quote/SCO.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)
- [USOI.US](https://longbridge.com/en/quote/USOI.US.md)

## Related News & Research

- [Persian Gulf oil exports surpass prewar levels, but shipping costs keep soaring](https://longbridge.com/en/news/302595380.md)
- [Oil risk premium understates post-midterm escalation risk, says RBC's Helima Croft](https://longbridge.com/en/news/302334048.md)
- [Oil futures ease but remain on track for weekly gains](https://longbridge.com/en/news/302082519.md)
- [Oil prices rise, threatening to push cost of gas higher two weeks before midterms](https://longbridge.com/en/news/302434005.md)
- [TECHNICALS-US oil to revisit Tuesday high of $101.37](https://longbridge.com/en/news/302496095.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**