{"id":374624,"date":"2026-08-31T22:00:10","date_gmt":"2026-08-31T21:00:10","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/trump-says-venezuela-oil-deal-doubles-us-reserves-whats-the-catch\/"},"modified":"2026-08-31T22:00:10","modified_gmt":"2026-08-31T21:00:10","slug":"trump-says-venezuela-oil-deal-doubles-us-reserves-whats-the-catch","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/trump-says-venezuela-oil-deal-doubles-us-reserves-whats-the-catch\/","title":{"rendered":"Trump says Venezuela oil deal doubles US reserves. What\u2019s the catch?"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i4.ytimg.com\/vi\/_uZhxt6AiGs\/hqdefault.jpg\" alt=\"Trump says Venezuela oil deal doubles US reserves. What\u2019s the catch?\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/_uZhxt6AiGs\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>President Donald Trump said Friday night the United States has reached an oil agreement with Venezuela, a move he said will \u201cmore than double\u201d American oil reserves, increase oil supply and lower gas prices.<\/p>\n<p>\u201cAt my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer,\u201d Trump wrote on social media.<\/p>\n<p>Trump\u2019s emphasis on lowering American gas prices, almost two months before the US midterm elections, comes as the national average gas price sits at more than $4 a gallon.<\/p>\n<p>0:00 Trump touts massive oil deal<br \/>\n1:15 Does Venezuela benefit?<br \/>\n4:19 How would this deal work?<br \/>\n6:10 Can this deal work long term?<\/p>\n<p>Watch 24\/7 live news with CNN Headlines: https:\/\/bit.ly\/4eIvlTr<\/p>\n<p>#News #trump #venezuela<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump said Friday night the United States has reached an oil agreement with Venezuela, a move he said will \u201cmore than double\u201d American oil reserves, increase oil supply and lower gas prices. \u201cAt my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":374625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128809],"tags":[],"actors":[],"class_list":["post-374624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cnn"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump says Venezuela oil deal doubles US reserves. 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