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Marco Rubio Announces Oil Deal with the US Will Bring Venezuela $100 Billion in Investments

News | 2026/08/31 11:55

Marco Rubio Announces Oil Deal with the US Will Bring Venezuela $100 Billion in Investments

The US Secretary of State is confident that the deal will help Venezuela's economy

US Secretary of State Marco Rubio believes that Venezuela will receive about $100 billion in private investments and new jobs due to the oil deal with Washington:

“For the people of Venezuela, this deal will bring about $100 billion in private investments, thousands of high-paying jobs, and will contribute to the recovery of Venezuela's economy,” Rubio wrote on the social media platform X:

Earlier, US President Donald Trump announced that Washington had signed the largest oil deal in history with Venezuela:

According to Trump, this deal will give the US control over more than 65 billion barrels of confirmed oil reserves in Venezuela “without any cost to American taxpayers.”

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