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Oil & Energy

US eyes 65 - billion - barrel Venezuela reserve | The Shillong Times

The United States, through Vice-President J.D.

Tracked question

Is the international community easing or tightening pressure? · Full question dossier →

linked by topic terms: sanctions

What would settle it: A formal sanctions change (easing or new measures) enacted, not merely requested.

Evidence state: emergingas of Sep 12, 2026changed from established → emergingnot yet linked to a tracked event object in our corpus — no source count yet

Vice-President J.D. Vance announced a new arrangement with Venezuela to create a 65-billion-barrel oil reserve for the US.

American companies are expected to develop production in Venezuela, with US taxpayers receiving part of the royalties.

The deal was negotiated by Secretary of State Marco Rubio and Defense Secretary Pete Hegseth.

Vance framed the agreement as beneficial to Venezuelans, American consumers, and US taxpayers.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-09-11 — not reviewed by a human editor. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.