Trump Announces 'Historic' Oil Deal with Venezuela
President Donald Trump announced a historic agreement with Venezuela that gives the U.S. control over the majority of the country's 65 billion barrels of proven oil reserves, aiming to double U.S. reserves and lower gas prices. The deal, brokered by Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth, is expected to bring $209 billion to Venezuela's state budget and attract nearly $100 billion in private investment.
