Trump announces new US oil agreement with Venezuela

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves

Donald Trump announced Friday a new US oil agreement with Venezuela, saying the US will have “majority” control of 65bn barrels of proven oil reserves.

“At ⁠my ​direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working ⁠closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with ⁠private business, have secured majority U.S. control of more ​than 65 BILLION ‌BARRELS of proven Oil ‌Reserves in Venezuela, at no cost to the ‌American Taxpayer,” Trump wrote on Truth Social.

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