Trump Announces Historic Oil Deal with Venezuela

The United States has signed a new agreement with Venezuela regarding the largest oil deal in world history. This was announced by U.S. President Donald Trump on his Truth Social page.

"At my direction, Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth, in close collaboration with Venezuela's high-ranking interim president Delsi Rodriguez, as well as through partnerships with private business, have secured U.S. control over the majority of Venezuela's proven oil reserves of over 65 billion barrels, at no cost to the American taxpayer.

This historic deal more than doubles America’s oil reserves, significantly increases our oil supplies, and will substantially reduce gasoline prices for all Americans for the long term, while helping Venezuela continue on its path to tremendous success and great prosperity. This agreement will greatly strengthen the already growing relationship between Venezuela and the United States,” wrote Trump.