Rubio & Trump Just DOUBLED America’s Oil Reserves

Trump has recently been under domestic pressure to tame petrol prices, which have spiked due to the Iran war.

He vowed to tap into Venezuela’s reserves, the world’s largest, after the US captured its then-President Nicolás Maduro in January, ostensibly to stand trial on drug charges in New York.

US Secretary of State Marco Rubio called the oil deal “a huge win for both the American and Venezuelan people”. Few details were released.

“For the Venezuelan people, this deal will bring nearly $100bn (£74bn) in private investment, support thousands of high-paying jobs and drive the reconstruction of Venezuela’s economy,” he said.

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IT'S OFFICIAL: Sec. Marco Rubio has SHOCKED THE WORLD with President Trump, America's oil reserves just more than DOUBLED and even Venezuela is praising the largest oil deal in history

"It's unlike anything we've really seen before…now we have the biggest strategic… pic.twitter.com/o6FiPEqZUX

— Eric Daugherty (@EricLDaugh) August 29, 2026

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Bravo and very few saw it coming. So, when the left can't bitch about fuel costs, what do they move on to next? They routinely rotate their complaints. And quickly losing options.

— Dolly Dagger (@Cookie1inPA) August 29, 2026

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hey, still not tired of winning!!

— Marty X (@MartenDopp52967) August 28, 2026

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Trump said Secretary of State Marco Rubio and Defense Secretary Pete Hegseth helped negotiate the deal alongside Venezuelan interim President Delcy Rodríguez, describing it as a historic step in strengthening ties between the two countries.

Rubio posted on X, “This deal is a huge win for both the American and Venezuelan people. It demonstrates how President Trump’s bold foreign policy is driving America First wins: securing stable reserves and low-cost oil in our Hemisphere and lowering gas prices here at home. For the Venezuelan people, this deal will bring nearly $100 billion in private investment, support thousands of high-paying jobs, and drive the reconstruction of Venezuela’s economy.”

A U.S. official told Newsweek on Friday night that the deal would give the U.S. an effective 55 percent output of a new Venezuelan oil venture through equity and oil purchased at cost. Rodríguez has granted a private company—a joint effort between the U.S. government and a private operator in Venezuela—100-year concessions to fields holding 63 billion barrels of proven reserves, potentially making it the world’s second-largest corporate holder after Saudi Aramco, the official said.

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Iran Thought They Could Use Oil To Destroy America..Trump Just ENDED Iran Forever in
DEAL of Century

The Trump administration struck a massive deal for Venezuelan oil — 65 billion barrels. A U.S.-backed venture takes 55 percent of 21 fields under 100-year concessions.

America’s… pic.twitter.com/4j7oHLl2D2

— Benny Johnson (@bennyjohnson) August 29, 2026

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