Trump Secures Control Over 65 Billion Barrels of Venezuela Oil

The US has finalized a deal to control over 65 billion barrels of Venezuela's proven oil reserves, as announced by President Donald Trump. This agreement, described as doubling American oil reserves, aims to significantly enhance US oil supply and potentially lower gas prices. The deal involves an estimated investment of over $100 billion and promises more than $209 billion in taxes for Venezuela. This agreement's implications for investors and markets are significant, given that it introduces direct governance over Venezuelan oil resources and follows a year of volatile petrol prices in the US.