US and Venezuela reach 'historic' oil deal, Trump says
President Donald Trump announced a deal with Venezuela to access over 65 billion barrels of oil reserves, claiming it will lower gas prices for Americans. The agreement follows the arrest of Venezuelan President Nicolás Maduro earlier this year.
Why it matters
Represents a major shift in US-Venezuela relations and global energy policy with potential domestic economic impacts.
Image source, AFP via Getty Images By Sareen Habeshian Published 20 minutes ago The US has reached a deal with Venezuela to control more than 65 billion barrels of its proven oil reserves, according to President Donald Trump.
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