Trump Administration Announces "Biggest Oil Deal in World History" with Venezuela
President Donald Trump announced an agreement with Venezuela to secure majority control of over 65 billion barrels of the country's oil reserves. The deal, reportedly negotiated by Secretary of State Marco Rubio and Defense Secretary Pete Hegseth with Venezuela's interim President Delcy Rodriguez, is touted as the "biggest oil deal in world history" and comes amid high gas prices and the ongoing war in Iran. The White House has not yet provided details on private sector partners involved.
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