Trump said a new pact with Venezuela will allow US to control billions of barrels of oil, lowering gas prices for Americans and doubling US reserves.

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.