Uploaded August 2026 | Updated September 2026, 2 weeks ago
The US is in talks with Venezuela to take a large stake in its oil fields, which would extend the Trump administration's influence on the post-Maduro government and the nation's vast energy reserves. #trump #usa #venezuela #news #oil
Negotiators from both countries are discussing a possible arrangement, including a 100-year-lease on several oilfields, although the talks are ongoing and the terms of any deal could still change.
Obtaining large Venezuelan reserves would boost US oil supplies at a time of intense market volatility, and the US has already controlled Venezuelan oil sales while easing sanctions to allow US companies to do business in the country.
Read more: bloomberg.com/news/articles/2026-08-27/us-in-talks-with-venezuela-to-take-major-stake-in-oil-fields
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The US is in talks with Venezuela to take a large stake in its oil fields, which would extend the Trump administration's influence on the post-Maduro government and the nation's vast energy reserves. #trump #usa #venezuela #news #oil
Negotiators from both countries are discussing a possible arrangement, including a 100-year-lease on several oilfields, although the talks are ongoing and the terms of any deal could still change.
Obtaining large Venezuelan reserves would boost US oil supplies at a time of intense market volatility, and the US has already controlled Venezuelan oil sales while easing sanctions to allow US companies to do business in the country.
Read more: bloomberg.com/news/articles/2026-08-27/us-in-talks-with-venezuela-to-take-major-stake-in-oil-fields
----------
Like this video? Subscribe youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
youtube.com/@business
youtube.com/@markets
youtube.com/@BloombergTechnology
youtube.com/@BloombergPodcasts
Connect with us on social:
instagram.com/bloombergbusiness
linkedin.com/company/bloomberg-news
tiktok.com/@bloombergbusiness
facebook.com/bloombergbusiness
