US takes control of Venezuelan oil reserves amid dispute over Washington's actions

United StatesVenezuela

First seen: Sep 3, 2026, 2:16 AM UTCUpdated: Sep 3, 2026, 4:16 AM UTC

WHAT HAPPENED

The US energy chief has rejected claims that Washington is stealing Venezuelan oil while the United States takes control of vast reserves, according to the supplied report. Details of the legal and operational arrangement are not provided.

SO WHAT?

US control over Venezuelan oil assets could deepen bilateral confrontation and affect energy and sanctions policy.

FOR ME

Impact on Switzerland

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MARKETS

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COVERAGE

Reports behind this event

freemalaysiatoday.comen

US not 'stealing Venezuelan oil', energy secretary insists

Sep 3, 2026, 4:16 AM UTC

channelnewsasia.comen

US not 'stealing Venezuelan oil', energy secretary insists

Sep 3, 2026, 3:46 AM UTC

bssnews.neten

US not 'stealing Venezuelan oil,' energy secretary insists

Sep 3, 2026, 3:01 AM UTC

economictimes.indiatimes.comen

US energy chief rejects 'stealing Venezuelan oil' claims as Washington takes control of vast reserves

Sep 3, 2026, 2:16 AM UTC