The report comes only a day after U.S. President Donald Trump said on Friday that the U.S. would take control of a fifth of Venezuela’s vast oil reserves.

US and Venezuela are reportedly nearing a deal for Washington to acquire stakes in over a dozen Venezuelan oil fields, potentially boosting US oil reserves.

Trump is reportedly seeking direct U.S. stakes in Venezuelan oilfields holding 90 billion barrels, potentially taking his “Energy Dominance” strategy to a new level.