ON
← Back to feed
‘Biggest oil deal in history’: Trump says US to control 65bn barrels of Venezuela oil
India🏛️ PoliticsConservativeOverlooked by progressives6 hr. ago

‘Biggest oil deal in history’: Trump says US to control 65bn barrels of Venezuela oil

US President Donald Trump announced what he called 'the biggest oil deal in world history,' claiming the United States would gain control over 65 billion barrels of Venezuela's oil reserves. The agreement, according to Trump, was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and Venezuela's interim President Delcy Rodriguez. This follows Trump's order for the US military to capture Venezuelan President Nicolás Maduro in late 2025, who was later taken to the US to face charges related to narcoterrorism and drug trafficking. The timing of the announcement coincides with domestic challenges for Trump, including rising fuel prices and ongoing tensions with Iran affecting energy security. Venezuela holds approximately 303 billion barrels of oil reserves, but its infrastructure has deteriorated significantly, limiting current production to about 1% of global output.

3 reports

NDTV logoNDTVParty-alignedConservative6 hr. ago
Trump Announces "Biggest Oil Deal In World History" With Venezuela

Former U.S. President Donald Trump has announced what he claims is 'the biggest oil deal in world history' involving Venezuela. This declaration follows an event nearly nine months prior, during which the U.S. military, under Trump's orders, conducted an operation aimed at capturing Venezuelan President Nicolas Maduro and relocating him to the United States. The specifics of the proposed oil deal were not detailed in the report, but such an agreement would likely have significant geopolitical and economic implications, particularly regarding U.S.-Venezuela relations and global oil markets. However, the feasibility and legality of such a deal remain unclear, especially considering the complex international dynamics surrounding Venezuela.

Bias read (Conservative): The article presents the claim made by former U.S. President Donald Trump as a major development, emphasizing his assertion of 'the biggest oil deal in world history.' This framing aligns with a right-leaning perspective, as it highlights actions taken by a prominent conservative figure and does not

NDTV logoNDTVParty-alignedConservative7 hr. ago
Oil Deal To Bring $100 Billion Investment, Thousands Of Jobs To Venezuela: Rubio

The article reports that Senator Marco Rubio highlighted a proposed oil deal which he claims would bring approximately $100 billion in private investment to Venezuela and create thousands of high-paying jobs. The statement appears to be part of broader discussions around economic opportunities for Venezuela, though the article does not provide further details on the terms of the deal or its potential impact.

Bias read (Conservative): The article frames the oil deal as a significant opportunity for Venezuela, emphasizing substantial financial benefits and job creation. This framing aligns with conservative narratives that often highlight economic growth and foreign investment as positive outcomes, particularly in contexts where a

Times of India logoTimes of IndiaIndependentConservative8 hr. ago
‘Biggest oil deal in history’: Trump says US to control 65bn barrels of Venezuela oil

US President Donald Trump announced what he called 'the biggest oil deal in world history,' claiming the United States would gain control over 65 billion barrels of Venezuela's oil reserves. The agreement, according to Trump, was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and Venezuela's interim President Delcy Rodriguez. This follows Trump's order for the US military to capture Venezuelan President Nicolás Maduro in late 2025, who was later taken to the US to face charges related to narcoterrorism and drug trafficking. The timing of the announcement coincides with domestic challenges for Trump, including rising fuel prices and ongoing tensions with Iran affecting energy security. Venezuela holds approximately 303 billion barrels of oil reserves, but its infrastructure has deteriorated significantly, limiting current production to about 1% of global output.

Bias read (Conservative): The article frames the oil deal as a major geopolitical victory for the US under Trump, emphasizing the scale of the reserves and linking it to Trump's actions against Maduro. The language used ('biggest oil deal in world history,' 'control over 65 billion barrels') suggests a positive spin on US ag

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €4/month.

Become a Supporter

Related stories