“When you add the United States and Venezuela together, we have more than 60% of the oil in the world.”
Donald TrumpEnergy
CredMeter Fact Check Verdict
Fact Check Performed On September 24, 2026
The United States and Venezuela together possess around 21.9% to 22% of proven global oil reserves and about 23.2% of global production, far short of 60%.
Evidence sources
2 references- 01
- 02Associated Press (opens in a new tab)idahostatejournal.comIdahostatejournalArticleRead original source (opens in a new tab)
