The US secures 55% output rights over 65 billion barrels of Venezuelan oil in a 100-year concession deal projected to generate $209 billion in

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.

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."