Archive · 29 Aug 2026
Rubio Says Venezuela Oil Deal Could Bring $100 Billion Investment
Marco Rubio said a new oil agreement involving Venezuela could bring a lot of money to the country.
He said private investors might put nearly $100 billion into Venezuela.
The investment could create thousands of well-paying jobs.
Rubio also said it could help rebuild Venezuela’s economy.
The agreement would give the United States a large role in Venezuela’s oil reserves.
He said this could help keep oil supplies stable.
Rubio also said gas prices in the United States could fall.
The article does not explain when the deal will begin or who else is involved.
Secretary of State Marco Rubio said a new oil deal would give the United States a major stake in Venezuela’s petroleum reserves.
Rubio said the agreement could attract nearly $100 billion in private investment to Venezuela.
He said the deal would support thousands of high-paying jobs and help rebuild Venezuela’s economy.
Rubio said the arrangement would secure stable oil reserves and lower gas prices in the United States.
The article does not provide details about the deal’s terms, timeline, or participating companies.
- Who
- Secretary of State Marco Rubio discussed a proposed oil deal involving Venezuela and the United States.
- What
- A new oil agreement is expected, according to Rubio, to bring nearly $100 billion in private investment and give the United States a major stake in Venezuela’s petroleum reserves.
- When
- Rubio made the statement Friday.
- Where
- The deal concerns Venezuela’s petroleum reserves and is expected to affect the United States and Venezuela.
- Why
- Rubio said the agreement would support Venezuela’s economic reconstruction, create jobs, stabilize reserves, and lower gas prices in the United States.
- Speaker
- Secretary of State Marco Rubio
- Investment
- Nearly $100 billion in private investment
- Jobs
- Thousands of high-paying jobs
- Resources
- Venezuela’s petroleum reserves
- United States impact
- Rubio said the deal would secure stable reserves and lower gas prices
- Venezuela impact
- Rubio said the deal would help reconstruct the country’s economy