US President
Donald Trump announced a major bilateral agreement between the United States
and Caracas that hands majority control of around 65 billion barrels of Venezuela’s
proven crude reserves to the US.
The deal aims
to revitalize the struggling energy sector of the OPEC nation. Writing on Truth
Social, Trump declared that the “historic transaction more than doubles
American oil reserves” and “will substantially lower gas prices for all
Americans.”
In his social
media post, Trump...