Former President Donald Trump announced that the United States has entered into an agreement with Venezuela to gain control over 65 billion barrels of the South American nation's oil reserves.
The specifics of the deal and its implications were not detailed in the announcement. The United States has previously imposed sanctions on Venezuela, impacting its oil industry.
Trump made the announcement during a public appearance, though further details about the agreement's terms, its validity, or the mechanism by which U.S. control would be exercised were not immediately available.