Trump says he secured ‘majority U.S. control’ of large slice of Venezuela’s oil reserves

A landmark agreement between the U.S. and Venezuela has been announced, granting American-led control over a significant portion of the country’s oil reserves. The deal, framed as the "biggest oil deal in world history," was revealed through a social media post by a key political figure, emphasizing its strategic and economic implications. The move signals a major shift in energy policy and could reshape global oil markets. Details on the terms and long-term effects remain unclear but are expected to draw significant attention.

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. “At my...