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’.

US President Donald Trump has claimed the US and Venezuela have reached the ‘biggest oil deal in world history’.

![File: An oil tanker anchored in Puerto Cabello, Venezuela [Jesus Vargas/Getty Images]](https://aljazeeranews-mggx1uo47w.edgeone.app/wp-content/uploads/2025/12/getty_6955860136-1767212545.jpg?resize=770%2C513&quality=80)
![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-mggx1uo47w.edgeone.app/wp-content/uploads/2026/08/reuters_6a84d529-1787090217.jpg?resize=770%2C513&quality=80)






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