Former President Donald Trump recently asserted that Venezuela has agreed to provide the United States with access to a portion of its vast oil reserves. According to Trump, the agreement would allow the U.S. to tap into approximately 65 billion barrels of oil at cost. This statement marks a significant development in the ongoing discourse regarding U.S.-Venezuela energy relations, which have been strained for years due to political instability and sanctions.

While Trump has presented this as a concrete agreement, there has been no official confirmation from the Venezuelan government or the current U.S. administration regarding the existence or validity of such a deal. The claim suggests a major shift in policy, as the U.S. has historically maintained strict sanctions against Venezuela’s state-run oil industry. Because the report relies solely on Trump's public remarks, the details regarding how such an agreement would be implemented, or whether it is legally binding, remain unverified. The Independent reports the claim as a direct statement from the former president without providing corroborating evidence from diplomatic or industry sources.