Trump Claims 'Biggest Oil Deal in World History' Secured with Venezuela

US President Donald Trump has announced that Washington has secured majority control of Venezuela's oil reserves. According to Trump, the deal involves more than 65 billion barrels of proven oil reserves and was negotiated with Venezuelan Interim President Delcy Rodriguez. The agreement is touted as 'the biggest oil deal in world history' by Trump.

The deal would give the US majority control over Venezuela's vast oil reserves at no cost to American taxpayers, according to Trump. He claimed that this would more than double America's oil reserves and increase its oil supply, subsequently lowering gas prices for Americans in the long term.

Trump praised the partnership with private business as a key factor in securing the deal, which he believes will also help set Venezuela on a path towards success and prosperity. However, no further details about the agreement or how it was negotiated have been provided by the White House.