Trump's 'biggest oil deal' doomed to collapse as investigation exposes legal flaws
President Donald Trump's touted "biggest oil deal in world history" with Venezuela faces legal and logistical problems likely to sink it.
The Guardian reported Saturday that nearly every major claim the Trump administration has made about the arrangement falls apart under scrutiny, from how long it lasts to the Pentagon's role in it. Venezuelan law caps oil development agreements at 25 years, not the 100 Trump has boasted about, and Venezuela's own government has put the term at 25.
"This is all just propaganda," Venezuelan legal expert Jose Ignacio Hernandez told The Guardian. "It cannot be implemented as announced by the administration."...
Sep 26, 2026






