Donald Trump is stealing Venezuela's resources and assets.
Posted by The MeidasTouch Podcast, Checked
- Sources
- 1 contradict2 support4 context
- Said
- 1 time·
- Confidence
- 40%
The MeidasTouch PodcastSep 15, 2026
The sources document a real U.S.-Venezuela oil deal giving the U.S.
This claim is about the present, so it is judged as of the day it was checked.
What was said
… We will suffer cataclysmic shortages. That's what's going to happen. And meanwhile, Donald Trump is out there saying, Look at my Venezuela deal. Look, I get to steal their resources. I get to steal their assets. Notably, when Treasury Secretary Bessent was cross-examined and we'll show you this later on about Venezuela, I can't tell you where the money is. The Treasury Secretary wouldn't answer where the money is, where the money flows are, right? …
The MeidasTouch Podcast · · from the transcriptPost →What we found
Contradicts. Energy Secretary Chris Wright is quoted rejecting the 'We're Stealing Venezuelan Oil' framing as 'not true at all,' an official denial of the central allegation, though from an interested party.[4]
Supports. Multiple tier1 and tier3 sources confirm a large deal giving the U.S. or a U.S.-linked entity control of 17 Venezuelan oil fields, with a reported 35% U.S. government stake in the private firm Nabep and discounted oil purchases.[1][5]
Context. Critics across the political spectrum, including senators and former ambassadors, call the deal corruption or theft, but these are evaluative judgments rather than documented findings of theft.[6][7]
Context. FactCheck.org and Snopes address Trump's claim that Venezuela stole U.S. assets in 2007 and find it an oversimplification, not the reverse direction of the claim graded here.[2][3]
Sources
7 sources: 3 fact-checkers, 3 not rated, 1 tier 3
- 1Trump says US has reached deal with Venezuela on oil reserves ...apnews.com · fact-checker · cited for: supports
- 2Explaining Trump's Claim That Venezuela 'Stole' U.S. Oilfactcheck.org · fact-checker · cited for: context
- 3Contextualizing Trump post about Venezuela stealing 'oil, land and other assets' from the USsnopes.com · fact-checker · cited for: context
- 4fair.org › home › western-media-accept-trumpsWestern Media Accept Trump’s Plundering of Venezuelan Oil as ...fair.org · not rated · cited for: contradicts
- 5Donald Trump, Venezuelan oil, and ‘the 51st state’theweek.com · not rated · cited for: supports
- 6Trump's big oil deal lambasted across the board: 'Corruption at epic scale'rawstory.com · tier 3 · cited for: context
- 7Trump’s deplorable Venezuelan oil grab is a fool’s errandyahoo.com · not rated · cited for: context
Where this claim was made
Said in 1 published post