Venezuela has one of the largest oil reserves in the world, with an estimated 303 billion barrels of crude oil in the ground.

President Trump says his administration has entered a sweeping agreement with Venezuela that could give the U.S. access to vast amounts of the South American country's untapped…

The U.S. struck a deal with Venezuela to get majority control of more than 65 billion barrels of oil reserves, Trump said in a social media post.