On Friday, U.S. President Donald Trump announced that his administration has entered into a sweeping agreement with Venezuela. According to the president, the deal could grant the United States access to vast amounts of the South American nation's untapped oil reserves at cost.
Specifically, the agreement involves approximately 65 billion barrels of oil reserves. President Trump stated that the arrangement would give the U.S. control over these extensive energy resources, should the pact be fully realized.
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