Trump Announces ‘Historic’ Deal With Venezuela That ‘MORE THAN DOUBLES’ U.S. Oil Reserves

President Trump announced a historic deal with Venezuela, described as the biggest oil deal in world history. The agreement grants the U.S. control over oil fields containing 65 billion barrels of reserves, more than doubling U.S. oil reserves. This unorthodox public-private partnership involves equity in companies rather than a direct purchase. The arrangement aims to vastly increase U.S. energy security and dominance in the Western Hemisphere through a corporate transaction involving private companies and the government.