Trump claims US clinches deal for Venezuela’s 65 billion barrels of oil.

Six months after the Iran war sent global energy prices soaring, President Trump has announced that the United States has reached an agreement with Venezuela to take control of the country’s vast oil reserves—estimated at 65 billion barrels. Trump called the arrangement “the biggest oil deal in world history,” though he did not provide specific terms or a timeline for the transfer of control. The announcement comes as energy markets remain volatile, with many nations still grappling with supply disruptions. No independent confirmation of the deal has yet been released by Venezuelan officials.