Trump announces ‘biggest oil deal in world history’ with Venezuela
US president says deal secures majority control of more than 65 billion barrels of proven oil reserves in Venezuela.
![File: An oil tanker anchored in Puerto Cabello, Venezuela [Jesus Vargas/Getty Images]](https://aljazeeranews-mggx1uo47w.edgeone.app/wp-content/uploads/2025/12/getty_6955860136-1767212545.jpg?resize=770%2C513&quality=80)
US president says deal secures majority control of more than 65 billion barrels of proven oil reserves in Venezuela.
![File: An oil tanker anchored in Puerto Cabello, Venezuela [Jesus Vargas/Getty Images]](https://aljazeeranews-mggx1uo47w.edgeone.app/wp-content/uploads/2025/12/getty_6955860136-1767212545.jpg?resize=770%2C513&quality=80)








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