Donald Trump announced a “historic” agreement with Venezuela on August 28th, signaling a shift in US policy towards the South American nation. Trump claims the deal will effectively double the oil reserves available to the United States. Details of the agreement remain scarce, but the announcement suggests a potential easing of sanctions or collaboration with Venezuela’s state-owned oil company, PDVSA. This move comes amid ongoing global energy concerns and rising fuel prices. The deal’s impact on the Venezuelan economy and political landscape is currently uncertain. Critics question the sustainability and ethical implications given Venezuela’s human rights record. The agreement represents a significant departure from previous US efforts to isolate the Maduro regime.