“It is massive.”The deal would reportedly see the U.S. gain an ownership stake or long-term access for oil fields with proven reserves of 90 billion barrels, officials told the outlet.
The State Department was in Venezuela last month to discuss the deal, according to Axios.”This is real and being discussed at the highest levels of the U.S. and Venezuelan governments,” an inside source told Reuters.
The deal could take the form of a lease, with further auctions or tenders allocating oil fields to U.S. producers, according to the outlet.
The U.S. has been managing Venezuelan oil sales since American troops captured Venezuelan strongman Nicolás Maduro in a commando raid in January and brought him back to the U.S. to face criminal charges.
Shortly after the operation, the U.S. said major companies would be investing at least $100 billion in Venezuelan oil fields, which were degraded and plagued with corruption under Maduro and his predecessor, despite Venezuela possessing the world’s largest share of proven oil reserves.
President Trump said in July that the U.S. has collected more than $13 billion from the sale of Venezuelan oil.
″$13 billion from Venezuela? I think even more than that,” he told reporters. “We’ve paid for that war many times over.”
There have been few details released publicly about how the U.S. is facilitating the sales and how much oil revenue is being returned to the Venezuelan state.
Secretary of State Marco Rubio has said oil sales are being audited by the firm KPMG and money from the sales is being held in a Citibank account.
The Trump administration has issued temporary sanctions relief authorizing U.S. companies and individuals to do business with the Venezuelan oil sector.
An infusion of Venezuelan oil into U.S. markets could be a boon ahead of the midterms for the Trump administration, which has struggled with high fuel prices caused by the Iran war and its strangling of the Strait of Hormuz, a vital oil shipping route.
The Trump administration has a habit of teasing grand international deals, only for them to fall short.
The White House has repeatedly announced the end of the Iran war is near at hand, only for the conflict to continue. It has also watched as trade negotiations with Canada have fallen apart and Israel has rejected parts of its Gaza peace plan.
It’s not winning. Bringing Venezuela and the southern tip of South America into a regional bloc (i.e. North American Union) as Elon’s grandfather advocated for in the 1930s (via Technocracy Inc.) is a Stalinist ruse. Trump and Carney are working together to carve up North and parts of South America and Greenland for regionalism, a precursor to world Communist governance—complete Soviet capture of the West.
Stalin:
“Divide the world into regional groups as a transitional stage of world government. Populations will more readily abandon their national loyalties to a vague regional loyalty than they will for a world authority. Later, the regions can be brought together all the way.”
Isn’t Soviet really the same as saying a council of Marxists in Stalin’s mind? There is plenty of evidence that he was also a jew and many of his fellow travelers were also jews, as is known.
Yes, Soviet more or less means rule by committees (bureaucrats). Grave of Stalin’s mother adorned with Jewish elements. The Doctor’s Plot seems to have been a staged stunt to distance Bolshevism from Jewry. “Soviet anti-Semitism” is mostly a myth designed as cover.
One huge FAKE horror show. I don’t buy the Maduro event somehow that’s just a theater schtick for the public to consume.
And “U.S. has collected more than $13 billion from the sale of Venezuelan oil.” The American people are not benefiting that’s for sure.
Venezuela could greatly benefit from this deal. If Trump wasn’t so preoccupied with Iran, I submit that this deal would have already happened. Based on what I’m seeing with the YouTubers traveling to Venezuela, I don’t think that country has anything to lose.
Venezuela Plans to Exit OPEC as the US Eyes a Massive Stake in Caracas Oil Fields: Report
Venezuela is reportedly planning to leave the Organization of the Petroleum Exporting Countries (OPEC), in a significant blow to the oil cartel it founded in 1960 alongside Iran, Iraq, Kuwait and Saudi Arabia.
Caracas has been discussing the move with U.S. officials, but no final decision has been reached yet, Bloomberg reported on Wednesday.
Meanwhile, another report by Axios on Thursday stated that the Trump administration is in talks with Venezuela’s interim government about acquiring a stake in the country’s massive oil resources. While the details have not been finalized, the discussions are happening over a dozen productive oil fields and do not involve all of Venezuela’s 300 billion barrels of proven reserves.
The dozen oil fields contain close to 90 million barrels of proven reserves, which were controlled by past Venezuelan leaders, many of whom have been indicted. Some of these oil fields had their interests controlled by China.
In exchange for U.S. ownership, Caracas would benefit from private firms, including U.S. oil majors, developing the fields, bringing in increased oil revenue to the South American country.
The White House did not immediately respond to Benzinga’s request for comments.
Washington Vows Firm Grip on Venezuelan Oil
Back in January, after the U.S. captured Nicolas Maduro, Energy Secretary Chris Wright had declared Washington’s intention to maintain a firm grip on Venezuela’s oil industry. Wright stated that the U.S. would continue to oversee the sale of Venezuela’s oil production “indefinitely.” “We will sell the production that comes out of Venezuela into the marketplace,” stated Wright.
The Energy Secretary emphasized that the generated revenue would be reinvested in Venezuela for the benefit of its people. He elaborated that the U.S. would supply diluent to restart production, allow imports of parts and services to stabilize Venezuela’s oil industry, and ultimately foster conditions for output growth and renewed investment by major American companies.
In April, Chevron Corp (NYSE:CVX) agreed to an asset swap with Petroleos de Venezuela (PDVSA) to strengthen its huge oil position in Venezuela. Under the deal, Chevron will boost its stake in Petroindependencia to 49% and gain rights to develop the Ayacucho 8 area near the Petropiar project in the Orinoco Oil Belt.
Meanwhile, the United Arab Emirates (UAE), the third-largest oil producer in OPEC, exited the cartel in May, citing the country’s current production policy and its current and future capacity aligned with its national interests.
© 2026 Benzinga.com.
I’m almost certain that the HAARP-induced earthquake earlier this year in and around Caracas changed the tune of the Venezuelan government that had put their backs against the wall. The US government then made an offer the Venezuelans couldn’t refuse.
https://www.zerohedge.com/markets/quinn-they-know-whats-coming-because-they-planned-it
When you see Trump and his minions sanctioning the world, while threatening tariffs, kidnapping presidents, manipulating the oil, stock, and bond markets, you come to the realization Trump has been installed to initiate the global collapse, which they believe will usher in the final solution for the pesky peasants consuming too much of the world’s resources.
Once the economic and financial collapse wipes out the remaining wealth of the middle class, the masses will be clamoring to be saved by their overlords, who will “generously” provide their CBDC “solution” to the collapse they purposely created. The collapse is baked into this cake made of debt and there is no avoiding the disastrous outcome. They will solidify their stranglehold on the global wealth, increase their control over resources, and force the masses into their techno-gulag.
Knowing we are in the final phase of this Fourth Turning should have given me an idea of how bad it would get, but the realization of how malicious, immoral, and satanic the Epstein pedophile class is proving to be, is stunning to behold. We are in the midst of an existential battle against diabolical evil for the future of humanity. Losing will mean an end to the freedoms and way of life we have experienced for 250 years.
Sixty years ago Carroll Quigley revealed the invisible hands controlling the system, and now they are pulling out all the stops in implementing their plan to make sure we own nothing and they own it all. We are experiencing the tragedy. Hope won’t be enough to win against such a determined enemy.
“The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalistic fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the worlds central banks which were themselves private corporations. Each central bank…sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence co-operative politicians by subsequent economic rewards in the business world.” ― Carroll Quigley, Tragedy and Hope: A History of the World in Our Time, 1966
I think this guy is spot on
He’d be even more spot on if he understood the spiritual battle behind it. Specifically, the battle between Jacob and Esau is in its penultimate episode.
If it weren’t for the ownership of the central banks, the blend of Esau Edom and Cain would never have been able to pull this off. But they did and they control everything.
At the very top there are only several people on this planet who are in touch with the devil and who are executing their plan. That’s it. Cain’s seed is still alive today and his descendants have crossbred with Esau to create an awful bunch of devil worshiping, Yahweh hating group of people.
Thats why they all worship Trump. He is the “guy” that starts the collapse. And he knows exactly what he is doing for his masters
“Whenever the people need a hero, we shall supply him.” Albert Pike 33rd Degree Freemason.
…..that would explain a lot……
Kevin Warsh speaks later this morning. I wonder what the synagogue employee will have to say? More garbledygook.
Warsh is talking at Jackson hole right now and he’s pretending to care about inflation.
#inflationwins