Trump says US will take part control of Venezuela oil reserves in unprecedented plan

President Donald Trump has set out an unprecedented plan for the US to take charge of a fifth of Venezuela's extensive oil reserves. The move relies on American firms restoring the OPEC member's struggling energy sector, while providing additional crude to lower US fuel costs.Giving little specific detail on the arrangement, Trump stated that the US has acquired majority control over more than 65 billion barrels of Venezuela's proven reserves by partnering with private enterprises.The deal was welcomed by the South American country's leader, who claimed it would strengthen government revenues and lift the economy.This accord marks a significant growth in the US presence within Venezuela's energy market as the Trump administration attempts to boost local output and guarantee more oil suppli