US President Trump announced in a social media post on August 28, local time, that the US has reached an agreement with Venezuela to obtain “majority control” over more than 65 billion barrels of Venezuela's proven oil reserves. The agreement was criticized by many parties, and the US side's actions were also criticized by netizens as “blatant theft” of Venezuelan oil.

US President Trump announced in a social media post on August 28, local time, that the US has reached an agreement with Venezuela to obtain “majority control” over more than 65 billion barrels of Venezuela's proven oil reserves. The agreement was criticized by many parties, and the US side's actions were also criticized by netizens as “blatant theft” of Venezuelan oil.