From: NewsFeed
Video: US energy chief in Venezuela to sign controversial oil deal
US Energy Secretary arrived in La Guaira for the signing of a deal that will control much of Venezuela’s oil reserves.
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Venezuela says it retains ‘sovereignty’ following US oil deal
Under the deal, $19 from every barrel of oil sold to the US will flow to Caracas, interim President Rodriguez says.
![Delcy Rodriguez said Venezuela could see over $200 billion extra per year in income from the oil deal it has struck with the US. [File: Jesus Vargas/Getty Images]](https://aljazeeranews-3fuh52rgrl.edgeone.app/wp-content/uploads/2026/08/getty_6a939c5058-1788058704.jpg?resize=770%2C513&quality=80)
EXPLAINER
What’s behind the US deal to seize control of Venezuelan oil reserves?
Few details have emerged about deal between Washington and Caracas, criticised as takeover of Venezuela’s resources.
From: NewsFeed
What’s in the US-Venezuela ‘biggest oil deal in world history?’
US President Donald Trump has claimed the US and Venezuela have reached the ‘biggest oil deal in world history’.
Published On 29 Aug 2026
Trump announces ‘biggest oil deal in world history’ with Venezuela
US president says deal secures majority control of more than 65 billion barrels of proven oil reserves in Venezuela.
![File: An oil tanker anchored in Puerto Cabello, Venezuela [Jesus Vargas/Getty Images]](https://aljazeeranews-3fuh52rgrl.edgeone.app/wp-content/uploads/2025/12/getty_6955860136-1767212545.jpg?resize=770%2C513&quality=80)
US nears deal to secure stake in Venezuelan oil fields, insiders say
Pact with Caracas would bolster US oil supplies for years to come, but may face legal challenges.
![FILE: Oil tankers are seen at daybreak at the Bajo Grande Terminal located on the western shore of Lake Maracaibo, south of the city of Maracaibo, Venezuela [Raquel Chavez/Reuters]](https://aljazeeranews-3fuh52rgrl.edgeone.app/wp-content/uploads/2026/08/reuters_6a84d529-1787090217.jpg?resize=770%2C513&quality=80)
US military says strike on alleged drug-smuggling boat kills two
US Southern Command says Sunday’s strike targeted vessel operating along established narco-trafficking routes.
![Vessels take part in a joint training exercise during Panamax 2026, a multinational exercise led by Panama and sponsored by U.S. Southern Command (SOUTHCOM), in Panama City, Panama, on August 7, 2026. [Enea Lebrun/Reuters]](https://aljazeeranews-3fuh52rgrl.edgeone.app/wp-content/uploads/2026/08/2026-08-07T200426Z_666177120_RC2TTMASVNBN_RTRMADP_3_PANAMA-USA-CANAL-1787559950.jpg?resize=770%2C513&quality=80)
From: NewsFeed
Flooding across Caracas, Venezuela, after heavy rains
Flooding across Caracas, Venezuela, after heavy rains
Published On 23 Aug 2026
US refineries taking in half of Venezuela’s oil output, official says
US official says Venezuela is sending 500,000 of its 1.25 million barrels per day output to Gulf Coast refineries.
Venezuela says 131 political prisoners freed amid post-Maduro talks
As detainees granted ‘alternative’ to imprisonment, US welcomes release as crucial step for Venezuela’s reconciliation.
![Former political prisoner Angela Vasquez embraces her brother after her release outside El Rodeo I prison in Guatire, Miranda state, Venezuela, on August 14, 2026. [AFP]](https://aljazeeranews-3fuh52rgrl.edgeone.app/wp-content/uploads/2026/08/afp_6a7fb5f3f054-1786754548.jpg?resize=770%2C513&quality=80)
From: NewsFeed
How much power does the US hold in Venezuela?
After Maduro’s removal, US influence in Venezuela soared, but experts say Washington may still have to ‘own’ Venezuela.
Published On 14 Aug 2026
