Trump Administration· ProPublica

The Secret Terms of Trump’s Venezuelan Oil Deal

By Cate Brown, ProPublica · October 21, 2026

In late August, President Donald Trump announced what he called the “biggest oil deal in world history.” Since then, the full text of the accord — which grants the U.S. sweeping access to Venezuela’s oil reserves — has been one of the most sought-after secrets in Washington, D.C. ProPublica has reviewed a copy of the…

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The Secret Terms of Trump’s Venezuelan Oil Deal

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