Scoop: U.S. close to striking "massive" deal for Venezuelan oil fields

Axios first reported that the United States is close to striking a “massive” deal to secure a major stake in Venezuelan oil fields. The prospective arrangement would give U.S. entities direct ownership of assets that have long been under the control of the Venezuelan state, positioning Washington to gain significant oil resources while Caracas faces the prospect of losing a share of its production. The report signals a move from partnership to direct ownership of the fields.

Subsequent coverage from Bloomberg, Investing.com Nigeria and OilPrice.com confirmed the United States is in talks with Venezuela to acquire that stake. Bloomberg described the talks as aimed at taking major ownership, while Investing.com Nigeria and OilPrice.com highlighted the direct‑ownership angle, underscoring the scale of the negotiation across multiple financial outlets. All outlets present a consistent picture; none report opposing views or denial of the negotiations.

The deal remains under discussion, with no final terms disclosed, leaving the United States poised to benefit should the agreement materialize and Venezuela to adjust its oil portfolio accordingly. No outlet has announced a signed contract, confirming the negotiations are still in progress.