Caracas says agreement covers 17 strategic fields and more than $100 billion in investment, as Trump looks to ease pressure from high fuel prices and the prolonged Iran war

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.

President Donald Trump said Friday night the United States reached an oil agreement with Venezuela, a move he said will more than double American oil reserves, increase oil supply…

The agreement would give the US control of 65 billion barrels of Venezuelan oil