Axios
US · 22 hrs ago
Trump hails "biggest oil deal in world history" with Venezuela
President Trump said Friday the U.S. has struck a deal with Venezuela to take control of oil fields with 65 billion barrels of reserves.
Why it matters: The unprecedented deal vastly increases U.S. energy security and dominance in the Western Hemisphere.
Axios first reported the deal was in the offing Thursday.
Zoom in: The details have yet to be released, but a source familiar described the unorthodox arrangement as a type of "public-private partnership" between the U.S., private companies…
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