economy
US and Venezuela reach 'historic' oil deal, Trump says
The US has reached a deal with Venezuela to control more than 65 billion barrels of its proven oil reserves, according to President Donald Trump.
TL;DR
- The US has reached a deal with Venezuela concerning its oil reserves.
- The agreement involves control over more than 65 billion barrels of proven oil reserves.
- President Trump claims the deal doubles American oil reserves and will lower gas prices.
- Secretary of State Marco Rubio called it a significant win for both countries.
- Specific details of the deal have not yet been released.