https://www.live-feeds.com/feed/scoop-u-s-close-to-striking-massive-deal-for-venezuelan-oil-fieldsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/scoop-u-s-close-to-striking-massive-deal-for-venezuelan-oil-fieldshttps://www.live-feeds.com/feed/scoop-u-s-close-to-striking-massive-deal-for-venezuelan-oil-fields#u55595Thu, 03 Sep 2026 11:52:22 +0000The US is in advanced talks to acquire a stake in Venezuelan oil fields, securing long-term access to approximately 90 billion barrels of proven reserves. The deal involves over a dozen producing fields and comes as strategic reserves hit a 40-year low and global supplies are strained by conflicts in Ukraine and Iran. Venezuela is also considering exiting OPEC as it strengthens ties with the US.Why it mattersThe potential agreement is significant as it could help alleviate pressure on global oil supplies, which have been impacted by recent geopolitical events. The US is seeking to bolster its https://www.live-feeds.com/feed/scoop-u-s-close-to-striking-massive-deal-for-venezuelan-oil-fieldshttps://www.live-feeds.com/feed/scoop-u-s-close-to-striking-massive-deal-for-venezuelan-oil-fields#u51388Sat, 29 Aug 2026 06:36:14 +0000The Trump administration is in advanced talks to acquire a stake in Venezuelan oil fields to secure long-term access to reserves. The potential agreement involves more than a dozen producing fields containing approximately 90 billion barrels of proven reserves. Reports indicate the U.S. is seeking direct ownership or a significant stake as strategic reserves hit a 40-year low and conflicts in Ukraine and Iran strain global supplies. Simultaneously, Venezuela is considering exiting OPEC as it strengthens its ties with the United States.Why it mattersVenezuela possesses some of the largest oil r