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 arrang

President Donald Trump on Friday announced an unprecedented US push ​to take control of a fifth of Venezuela's vast oil reserves, betting that American companies can revive the OPEC nation's battered energy industry while delivering a new source of crude to help bring down US fuel prices.

TOKYO (Kyodo) -- The Constitutional Democratic Party of Japan on Friday decided not to merge with the Komeito party into the Centrist Reform Alliance,

An analyst says it's unclear whether a US government lease would have a legal basis under Venezuela's constitution and its new hydrocarbons law, adding that there is 'no precedent'

Rubio says deal will boost investment in Venezuela, curb US gasoline prices

Donald Trump has said the US has entered into an agreement with Venezuela to take control of a fifth of the country's oil reserves.

The United States has struck a deal with Venezuela to secure "majority US control" of more than 65 billion barrels of Venezuelan oil, according to Donald Trump.

U.S. President Donald Trump on Friday said the U.S. had entered into an oil agreement with Venezuela.

U.S. to Take Control of Much of Venezuela’s Proven Oil Reserves  WSJ

President Trump said Friday evening that there will be “majority U.S. control” of a large swath of Venezuela’s oil reserves.  “BREAKING NEWS: The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!” Trump wrote in a post on Truth Social. 

Trump announces sweeping US grab for control of Venezuela's vast oil reserves  Reuters

Trump Says Venezuela Has Agreed To Give U.S. Control Of Massive Oil Reserves  HuffPost

Secretary of State Marco Rubio said the deal would bring nearly $100 billion in private investment to Venezuela.