Trump says US has entered deal with Venezuela to take control of 65 billion barrels of its oil reserves

The president said an agreement between the countries involved “a partnership with private business” and more than 65 billion barrels of reserves. The US president touts “the biggest oil deal in world history” six months on from the start of the Iran war, which sent energy prices spiralling. The agreement would grant the US majority control of over 65 billion barrels of proven Venezuelan oil reserves, Trump said.

President Donald Trump on Friday said the US has entered an agreement with Venezuela to take control of 65 billion barrels of the South American country’s oil reserves. Trump in a social media post announced the agreement he said was negotiated by Secretary of State Marco Rubio, Defence Secretary Pete Hegseth and Venezuela’s interim President Delcy Rodriguez. “The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!”...

The announcement of the deal comes nearly nine months after the U.S. military at Trump's direction carried out an operation to capture Venezuela's president Nicolás Maduro and spirit him to the United States to face federal narcoterrorism and drug trafficking charges. US president says US will have ‘majority’ control of 65bn barrels of proven oil reservesDonald Trump announced Friday a new US oil agreement with Venezuela, saying the US will have “majority” control of 65bn barrels of proven oil reserves.“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 U.S.

control of more ​than 65 BILLION ‌BARRELS of proven Oil ‌Reserves in Venezuela, at no cost to the ‌American Taxpayer,” Trump wrote on Truth Social. President Donald Trump on Friday said the U.S. has entered an agreement with Venezuela to take control of 65 billion barrels of the South American country's oil reserves

President Trump on Friday said the U.S. US President Donald Trump announced an agreement with Venezuela to take control of 65 billion barrels of oil. The South American country has the largest proven oil reserves in the world.

President Trump announced a deal to grant the U.S. control of over 65 billion barrels of proven Venezuelan oil reserves — as the Trump administration angles to get oil companies to return to the country. President Donald Trump says the U.S.