
Trump announces ‘biggest oil deal in world history’ with Venezuela - Al Jazeera
US president says deal secures majority US control of more than 65 billion barrels of proven oil reserves in Venezuela. The United States has struck a deal with Caracas that would give them control of some 65 billion barrels of Venezuela’s proven oil reserves, President Donald Trump has announced, while reviving the OPEC nation’s battered energy industry. In a post on Truth Social, Trump said the “historic transaction more than doubles American oil reserves” and “will substantially lower gas prices for all Americans”. Recommended Stories list of 3 itemslist 1 of 3Talks between government and opposition mark a new chapter for Venezuelalist 2 of 3US refineries taking in half of Venezuela’s oil output, official sayslist 3 of 3US nears deal to secure stake in Venezuelan oil fields, insiders sayend of list“At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority US control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer,” Trump wrote.













