US secures majority control of Venezuelan oil reserves – Trump

President Donald Trump said on Friday that his administration has reached a huge oil deal with Venezuela that gives the United States majority control of 65 billion barrels of proven petroleum reserves. The deal — which Trump proclaimed as “the biggest oil deal in world history” — will bring nearly $100 billion in priv

Trump announced an unprecedented oil agreement giving the US majority control over 65 billion barrels of Venezuelan reserves as Washington seeks to lower fuel prices.

US President Donald Trump announced an unprecedented US push to take control of a fifth of Venezuela's vast oil reserves, delivering a new source of crude oil to help bring down US fuel prices.

The US and Venezuela have agreed to a deal that would give Washington a major stake in Venezuela’s oil reserves, President Donald Trump said Friday.