Trump claims 'biggest oil deal in world history' signed with Venezuela

Trump claims 'biggest oil deal in world history' signed with Venezuela US president Donald Trump said Washington has accomplished the "biggest oil deal in world history", after entering into an agreement with Venezuela. "At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer," Trump wrote on Truth Social. He said the deal "more than doubles American oil reserves, greatly increases our oil supply, and will substantially lower gas prices for all Americans, long into the future, while helping to continue to set Venezuela on a course toward Tremendous Success and Great Prosperity," Trump said.