Trump’s Venezuela oil deal gives the US majority control of major reserves, while Venezuela targets 1.5 million barrels a day and $209b in annual revenue.

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…