Trump Announces Major Venezuela Oil Deal

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President Donald Trump says the United States has reached what he describes as the largest oil deal in world history with Venezuela.

Trump says the agreement would give American interests majority control of more than 65 billion barrels of Venezuela’s proven oil reserves, with no cost to U.S. taxpayers. The president says the historic arrangement could more than double America’s oil reserves, increase domestic supply, and drive gasoline prices lower for years to come.

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The announcement comes as Washington