President Donald Trump has just laid the blueprint on how to defeat and reorganize a brutal communist regime in less than a year by removing the tyrant and investing in that country’s vast natural resources.
A few decades ago, Venezuela boasted of having the highest living standards in Latin America and attracted large-scale European and Latin American immigration. That all ended when Hugo Chavez, the former tyrant, entered the picture with his communist-socialism. This destroyed the country. Then President Trump rescued the people and removed their current tyrant, Nicolas Maduro.
Recently, President Trump announced a massive oil deal with Venezuela, “The BIGGEST oil deal in world history.” Mike Steger from Promethean Action describes the brilliance of President Trump’s historic oil deal with Venezuela.
Trump’s Venezuela oil deal is the biggest deal ever made.
Beyond just oil, it marks a break from British imperialism and globalization, and exposes the failures of China’s Belt and Road.
Venezuela may now be the best test case for a revived American System for the entire… pic.twitter.com/KjiPsebChG
— Mike Steger (@stegerMG) September 3, 2026
Trump’s approach to this might very well be called the American system. Trump is not following the British Imperial model in Persia (now Iran). Trump is not following the World Bank route which saddles a country with essentially unpayable debt and allows globalists to take over. And China’s Belt and Road Initiative (BRI) is essentially all about China taking over other areas of the world.
What is the deal?
President Trump secured a U.S. majority control over more than 65 billion barrels of proven oil reserves in Venezuela. Venezuela has 300 billion barrels of known reserves, the largest in the world, and they are the second largest deposits of natural gas in the Americas. This provides the United States large access to new reserves. And clearly, the days where the Straits of Hormuz can be used to strangle the world are coming to an end.
Who’s benefiting from the deal? When the deal was announced, the cognitively impaired Senator from Connecticut, Chris Murphy, immediately called for impeachment of PDJT. The buffoon claimed that the deal showed that Trump had used American soldiers to benefit Trump’s billionaire buddies.
However, the beneficiaries of this deal are not BlackRock, nor an oil major’s boardroom. The US Department of War’s Office of Strategic Capital, is taking a direct 35% stake in the Venezuelan company North American Blue Energy Partners, which was established in 2024, and all of this is at zero cost to the American taxpayer.
The money works like this. The Venezuelan government will get their share of the revenues of the private company based on Venezuelan law. It can be as high as 30% of the market value of all oil extracted. On top of this there will be a 15% tax on monthly gross revenues of that private company.
So, it’s a good deal. There will be up to $100 billion in new Venezuelan infrastructure and a projected $200 billion for Venezuela in royalties and taxes over the first 25 years. Just to give some perspective, the annual federal budget for Venezuela in 2025 was just $22 billion.
The State Department also gets to purchase 20% of all oil produced at cost. And State has the right of first refusal for the rest, meaning during an emergency, the US can secure sufficient oil supplies.
How does this compare to the old British Imperial deal with Iran?
Note that the British deal contained a provision for 16% of the profits of a British company however that might be calculated. Trump’s deal gives Venezuela 45% of the revenue generated.
Trump’s deal benefits both countries. This is the opposite of the British Imperial approach. It is light years away from the World Bank approach. And let’s not even talk about China’s BRI.
This deal is the way both countries benefit. It should become the blueprint for how countries deal with each other.
Something that should be noted here is that our imports and exports are now shifting away from Europe towards Latin America. Europe has destroyed their industrial base with their allegiance to the green energy scam. The EU is being overrun by Muslims who want to turn the world into a caliphate.
What will happen if Trump manages to end the Ukraine-Russia war? How will the US-Russia relations reset? What will that do to the world economy? Remember that Russia has significant natural resources.