President Trump’s administration has been pushing U. S. companies like Chevron to invest more in Venezuela’s oil industry.
Source: [New York Times](https://www.nytimes.com/2026/08/28/business/energy-environment/chevron-venezuela-oil-deal.html)
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President Trump says the U. S. has entered into a deal with Venezuela to take control of 65 billion barrels of oil "at no cost to the American taxpayer.