President hails 'biggest oil deal in world history', saying it will lower gas prices for Americans

The President has sought American control over the South American nation's reserves since it deposed dictator Nicolas Maduro earlier this year in Operation Absolute Resolve.

Trump announces U.S. deal with Venezuela to control 65 billion barrels of oil reserves, marking a historic agreement.

Trump said the U.S. has established "majority" control over 65 billion barrels of oil in Venezuela, "at no cost to the American taxpayer."