US, Venezuela Ink 'Biggest Oil Deal in World History'
Venezuelan interim President Delcy Rodriguez announced a historic oil agreement between Venezuela and the United States, touting it as a major boost to her country's economy.
According to Rodriguez, the deal will allow for the development of 17 strategic oilfields, with an initial production target of over 1.5 million barrels per day.
The agreement is set to last for 25 years and is expected to generate more than $200 billion in revenue for Venezuela, according to Rodriguez's prediction.
US President Donald Trump announced the deal on Truth Social, saying it was the 'biggest oil deal in world history', which would increase US oil supplies and lower gas prices for Americans.