US Secretary of State Marco Rubio says a new oil deal that gives the United States a large stake in Venezuelan petroleum reserves will bring nearly $100 billion in private investment and support thousands of high-paying jobs in Venezuela. Rubio makes the remarks as part of efforts to secure greater access to Venezuelan oil resources.
Rubio also links the arrangement to benefits for the United States, saying it is intended to secure stable reserves and help lower gas prices. In a post on X, he frames the deal as contributing to Venezuela’s economic recovery and reconstruction.
Across the sources, the central points are consistent: the deal involves expanded US involvement in Venezuelan petroleum, and Rubio highlights an investment figure of roughly $100 billion. The outlets differ mainly in emphasis—one foregrounds the promised investment and jobs for Venezuelans, while the other also stresses the potential impact on US fuel prices and reserve stability.
