Trump calls Venezuela agreement the biggest oil deal in world history
Trump claims on Truth Social that a newly reached agreement with Venezuela ranks as the largest oil deal ever, offering no figures or terms in the post.
WASHINGTON D.C. — Donald Trump claimed a new agreement with Venezuela is the largest oil deal ever reached, in a post published on Truth Social. Trump offered no financial terms, no timeline, and no other parties in the message. The claim stands as an assertion from Trump, unaccompanied by supporting detail.
Here is the full post on truthsocial: “Our deal with Venezuela is the biggest oil deal, by far, in World history! President DJT” on August 28, 2026 at 8:21 PM ET.
This is Trump’s 29th message released today, and the last post was 1 hour ago, and it is not part of a thread. On average, Trump produces 18 posts per day since his inauguration on January 20, 2025. The move fits a broader pattern in Trump’s recent messaging, with 65 of his 626 posts over the last 30 days classified as Foreign Policy posts.
President Donald J. Trump claimed a new agreement with Venezuela is the largest oil deal ever reached at WASHINGTON D.C.
Daniel Torok / The White House
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Trump described the arrangement in superlative terms without identifying its scope. The post named no dollar amount, no volume of oil, and no counterpart officials. Trump characterized the deal as unmatched in scale across recorded history.
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