Tuesday, September 1, 2026
Privacy-First Edition
Back to NNN
Politics

Watch: Why is the US-Venezuela oil deal so controversial?

To play this video you need to enable JavaScript in your browser.This video can not be played

ClosePresident Donald Trump announced on Friday that the US has struck a deal with Venezuela to control more than 65 billion barrels of its proven oil reserves. The US president wrote that the agreement would more than double American oil reserves and "substantially lower gas prices for all Americans".

The BBC's Tom Bateman explains what the deal means and why critics are raising concerns.

Shareclose panelShare pageCopy linkAbout sharingRelated topicsDonald TrumpFollow Donald Trump

close panelYou are now following Donald TrumpUpdates from your News topics will appear in My News and in a collection on the News homepage.OilFollow Oil

close panelYou are now following OilUpdates from your News topics will appear in My News and in a collection on the News homepage.United StatesFollow United States

close panelYou are now following United StatesUpdates from your News topics will appear in My News and in a collection on the News homepage.VenezuelaFollow Venezuela

Read original at BBC News

The Perspectives

0 verified voices · Three viewpoints · Real discourse

Left
0
Be the first to share a left perspective
Center
0
Be the first to share a center perspective
Right
0
Be the first to share a right perspective

Related Stories