Caracas Hands Over Nation’s Patrimony for Next Century — “BIGGEST OIL DEAL IN WORLD HISTORY,” US president Donald Trump shouted from his X account on August 28, 2026. Touting the US acquisition of majority control over one fifth of Venezuela’s oil reserves, he claimed the arrangement comes at “no cost to the American Taxpayer … and will substantially lower Gas Prices for all Americans, long into the future.” On the Venezuelan side, Rodríguez claims the deal will generate $200 billion in tax and royalty revenues for her country. But the deal is nothing short of highway robbery at the point of an imperial sword.