https://www.live-feeds.com/feed/trump-touted-a-record-venezuela-oil-deal-now-reality-is-setting-inContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/trump-touted-a-record-venezuela-oil-deal-now-reality-is-setting-inhttps://www.live-feeds.com/feed/trump-touted-a-record-venezuela-oil-deal-now-reality-is-setting-in#u169531Mon, 02 Nov 2026 09:40:04 +0000President Donald Trump hailed a sweeping oil agreement with Venezuela as the largest in history, involving 17 oilfields. However, serious obstacles are now emerging for the heavily promoted pact. Rubio has defended the disputed arrangement by pointing to the influence of China and Russia. Meanwhile, broader energy markets remain steady as OPEC+ decided to keep December oil output targets unchanged during a recent meeting.Why it mattersThe contested agreement places immense focus on Venezuela and its vast energy reserves, which total 303 billion barrels of oil. High-profile defense of the pact