“Notwithstanding the rise of alternative and green technologies over the past decade, the global economy is still very reliant on oil and gas.
Source: [Fortune](https://fortune.com/2026/08/28/iran-war-hormuz-blocked-asia-energy-crisis-oil-gas/)
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.
Venezuelan interim President Delcy Rodriguez says the deal will help revive her country's economy.
Developing story — details emerging. Check the source link for the latest updates.
The resolution is part of an effort to hold retailers and pharmacists accountable for what the government says were their roles in the opioid epidemic.
The president said an agreement between the countries involved “a partnership with private business” and more than 65 billion barrels of reserves.
President Trump announced a deal to grant the U. S. control of more than 60 billion barrels of proven Venezuelan oil reserves.