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US to control one fifth of Venezuela's oil reserves, Trump says

France 24

BusinessFrance 24·Aug 29, 2026·1 min read

US to control one fifth of Venezuela's oil reserves, Trump says

President Donald Trump on Friday announced an unprecedented US push to take control of a fifth of Venezuela's vast oil reserves, betting that American companies can revive the OPEC nation's battered energy industry while delivering a new…

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