Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves

WASHINGTON (AP) – President Donald Trump on Friday remarked the U.S.

Key points

• "The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!" Trump wrote.
• The Venezuelan government's press office did not immediately respond to a request for comment.
• The announcement of the accord comes almost nine months after the U.S.

WASHINGTON (AP) – President Donald Trump on Friday remarked the U.S. Has entered an agreement with Venezuela to take control of 65 billion barrels of the South American country's oil reserves.

Trump in a social media post confirmed the agreement he stated was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and Venezuela's interim President Delcy Rodriguez.

For context, the Venezuelan government's press office did not immediately respond to a request for comment.

For context, the announcement of the accord comes almost nine months after the U.S. Military at Trump's direction carried out an operation to capture Venezuela's president Nicolás Maduro and spirit him to the United States to face federal narcoterrorism and drug trafficking charges.

Taken together, the developments around trump says US has entered deal with Venezuela to take control of point to a situation that is still moving, and the coming days should bring more clarity.