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On the 28th local time, US President Trump announced that the US and China have reached an agreement, and the US has obtained “majority control” over Venezuela's proven oil reserves of more than 65 billion barrels. A day later, Venezuelan Acting President Rodriguez confirmed the news. Today, Russian TV said that after the US forcibly controlled Venezuelan President Nicolas Maduro in January of this year, the agreement marks another upgrade in US control over the country's huge oil wealth. US Democratic Representative Rohit Conner criticized that the US government's foreign policy has set history back 100 years and returned to the “gunboat diplomacy” era where “power is justice.”

Zhitongcaijing·08/30/2026 23:33:04
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On the 28th local time, US President Trump announced that the US and China have reached an agreement, and the US has obtained “majority control” over Venezuela's proven oil reserves of more than 65 billion barrels. A day later, Venezuelan Acting President Rodriguez confirmed the news. Today, Russian TV said that after the US forcibly controlled Venezuelan President Nicolas Maduro in January of this year, the agreement marks another upgrade in US control over the country's huge oil wealth. US Democratic Representative Rohit Conner criticized that the US government's foreign policy has set history back 100 years and returned to the “gunboat diplomacy” era where “power is justice.”