President Trump announces 'biggest oil deal in world history'
President Trump says the U.S. has entered into a deal with Venezuela to take control of 65 billion barrels of oil "at no cost to the American taxpayer." Secretary Marco Rubio also claiming this deal a "huge win for both the American and Venezuelan people."
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
Trump claims 'biggest oil deal in world history' signed with Venezuela
Trump claims 'biggest oil deal in world history' signed with Venezuela
US president Donald Trump said Washington has accomplished the "biggest oil deal in world history", after entering into an agreement with Venezuela.
"At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working c
Trump Announces ‘Biggest Oil Deal In World History’
President Donald Trump announced Friday that the United States had reached an agreement with Venezuela securing majority U.S. control of more than 65 billion barrels of oil reserves, touting the deal as a major boost to U.S. energy security and a potential long-term answer to rising gas prices. Trump announced the agre