Trump Announces Deal With Venezuela for US to Take Ownership of 65 Billion Barrels of Oil
The president called the agreement ‘the biggest oil deal in world history.’
TL;DR
- The US is taking control of 65 billion barrels from Venezuela's oil reserves.
- President Trump announced the deal via Truth Social.
- He called it the 'biggest oil deal in world history'.
- The deal is expected to more than double American oil reserves.
- It is also anticipated to substantially lower gas prices for Americans.
- The announcement coincides with high gas prices and follows the capture of Nicolás Maduro.