Trump’s Venezuela Oil Deal Explained | Tulsa News

Trump’s bold move to secure a century-long U.S. stake in Venezuela’s oil reserves has sparked global intrigue and controversy. The deal, tied to the capture of Venezuela’s former leader, grants a mysterious private firm rights to 17 untapped fields holding up to 65 billion barrels—potentially unlocking $100 billion in investment and $200 billion in future taxes for Caracas. While the U.S. claims 55% of output, key terms like ownership structure, operator identity, and funding for massive infrastructure remain shrouded in secrecy. Critics call it a betrayal of Venezuelan sovereignty and a risky gamble that could delay energy gains for years, while allies hail it as a historic win for American energy independence. With major oil companies silent and political instability looming, the true economic impact remains uncertain—but one thing’s clear: this deal is rewriting the rules of global oil power. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3ce64d97c548c0a3