Trump says he secured ‘majority U.S. control’ of large slice of Venezuela’s oil reserves
Summary
President Donald Trump announced that the United States has secured majority control over a large portion of Venezuela's oil reserves through an agreement between the two countries. He described this deal as the biggest oil agreement in history.Key Facts
- President Trump made the announcement on Truth Social.
- The agreement gives the U.S. majority control over a significant part of Venezuela’s oil reserves.
- This deal involves Venezuela, a country known for having large oil resources.
- Trump called it the largest oil deal ever made.
- The announcement came on a Friday evening.
- The deal marks a new cooperation between the U.S. and Venezuela regarding oil resources.
- No additional details about the terms of the deal were provided in the announcement.
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