Trump Says U. S.
May Keep Iranian Oil 'Like Venezuela' as Gulf Iran Hormuz Talks Stall In a move that has left many in the Middle East wondering about the true intentions of the US, President Donald Trump has floated the idea of taking control of Iran's oil reserves, eerily reminiscent of the deal Washington struck with Venezuela earlier this year.
The parallels between the two situations are striking: in August, Venezuela ceded majority US control of its oil reserves in exchange for $209 billion to be deposited into the country's state treasury.