White House Announces U.S.-Venezuela Agreement as “Biggest Oil Deal in World History”

The @WhiteHouse posted a statement quoting President Donald J. Trump claiming the U.S. has entered a historic oil agreement with Venezuela, described as the biggest in world history. It involves U.S. majority control of more than 65 billion barrels of proven Venezuelan reserves at no taxpayer cost, more than doubling U.S. reserves, aiming to increase supply and lower gas prices.