Former US President Donald Trump announced on Truth Social that the US has reached an agreement with Venezuela's interim president, Delcy Rodríguez, and private companies to secure majority control of over 65 billion barrels of Venezuelan oil. Trump described the deal as the biggest in world history and claimed it would double American oil reserves and lower gas prices without costing taxpayers. However, the White House has not released the agreement or disclosed the private companies involved. Reviving Venezuela's oil industry is expected to be costly and time-consuming.
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