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.’
President Donald Trump announced that the United States is taking control of 65 billion barrels of oil from Venezuela. He described this as the biggest oil deal in world history, stating it will more than double American oil reserves and substantially lower gas prices. This announcement comes amidst high gas prices in the US and follows the capture of Venezuelan leader Nicolás Maduro.
- 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.
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