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Trump says US enters deal with Venezuela to take control of 65B barrels of oil reserves
Summary by Abilene News Editorial Desk ABC 12 , as published by KTXS (ABC 12) Abilene News
· August 28, 2026
· 1 min read
Photo: KTXS (ABC 12) Abilene News · view original
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Summary created by Abilene News Editorial Desk — automated, rule-governed Byline on source page ABC 12, as published by KTXS (ABC 12) Abilene News Original story Read at the source Source published Aug 28, 2026 Indexed here Aug 29, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points According to Trump, the amount is at least 65 billion barrels. President Donald Trump announced that the US has entered an agreement with Venezuela.
President Donald Trump announced that the US has entered an agreement with Venezuela. The deal involves taking control of a significant portion of Venezuela's oil reserves. According to Trump, the amount is at least 65 billion barrels.
Further details of the agreement are available from the source. The announcement was made by President Trump, who stated that the US made a deal with Venezuela.
The specifics of the deal and its implications are not fully outlined in the initial report, but the source provides more information on the agreement and its terms.
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Category: News Published: August 28, 2026 Source: KTXS (ABC 12) Abilene News Reading time: 1 min
Frequently asked about this story
What is this story about? President Donald Trump announced that the US has entered an agreement with Venezuela. The deal involves taking control of a significant portion of Venezuela's oil reserves. According to Trump, the…
When was this published? This article was first published on August 28, 2026 by KTXS (ABC 12) Abilene News and curated for Abilene News readers.
Who reported this story? This story was reported by ABC 12 at KTXS (ABC 12) Abilene News. To learn more about how Abilene News selects and reviews stories, see our editorial standards .
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