A historic oil agreement between the United States and Venezuela has been announced by the U.S. president, who describes it as the "biggest deal in world history." The deal follows recent diplomatic efforts to ease tensions between the two nations, though details on its scope, terms, or implications for global energy markets remain unclear. Analysts and officials have yet to weigh in on the claim, leaving questions about its validity and potential impact. The announcement comes amid ongoing geopolitical and economic challenges in Venezuela’s oil sector.


US President Donald Trump has claimed the US and Venezuela have reached the ‘biggest oil deal in world history’.