ExecutiveThe White House
Trump-Venezuela Historic Oil Deal, U.S. Majority Stake Secured in Hemisphere Energy Pact
President Trump announced a landmark oil agreement with Venezuela described as the largest oil deal in world history, securing a U.S. majority interest and aiming to stabilize hemispheric oil supply at lower cost. The deal carries significant implications for existing Venezuela sanctions architecture and U.S. energy trade policy.
PublishedAug 31, 2026
SourceThe White House
Action typeExecutive
ScopeIEEPA