Theguardian iconTheguardianSep 26, 2026 ~1 min source read

The truth behind Donald Trump’s ‘biggest oil deal in world history’

The agreement, reached after the US seized Venezuelan president Nicolás Maduro, is almost certainly doomed to collapse amid a wide array of legal and logistical issues, a Guardian investigation has found. Iran in 1987, when he told ABC's Barbara Walters that Iranian attacks on American shipping during the Iran-Iraq war required an extreme response.

The truth behind Donald Trump’s ‘biggest oil deal in world history’

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The agreement, reached after the US seized Venezuelan president Nicolás Maduro, is almost certainly doomed to collapse amid a wide array of legal and logistical issues, a Guardian investigation has found.

Iran in 1987, when he told ABC's Barbara Walters that Iranian attacks on American shipping during the Iran-Iraq war required an extreme response.

"Why couldn't we go in and take over some of their oil, which is along the sea?" he asked.

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The useful part

The agreement, reached after the US seized Venezuelan president Nicolás Maduro, is almost certainly doomed to collapse amid a wide array of legal and logistical issues, a Guardian investigation has found. Iran in 1987, when he told ABC's Barbara Walters that Iranian attacks on American shipping during the Iran-Iraq war required an extreme response. "Why couldn't we go in and take over some of their oil, which is along the sea?" he asked.

What to take from it

Venezuela faces multiple legal and logistical problems, including questions about whether it can be implemented Donald Trump has long coveted the oilfields of other nations and declared an agreement with Venezuela to be "the biggest oil deal in world history".

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