US seeking a deal to make Venezuela its gas pump media

Iran Herald · August 28, 2026 Sanctions

Washington could gain access to 90 billion barrels of oil reserves, while Caracas is weighing an OPEC exit The US is moving to lock in long-term access to the world's largest proven crude oil reserves by discussing a 100-year deal with Venezuela, as Caracas plans to leave the Organization of Petroleum Exporting Countries (OPEC), several outlets have reported.

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