Trump's 65-billion-barrel Venezuela oil deal is drawing a muted market reaction, a Pentagon denial, and scrutiny over unpaid legacy debts and numbers that don't add up.

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