🚨 BREAKING: $TRUMP announces a major Venezuela oil agreement.

President Donald Trump says the United States has secured majority control of more than 65 billion barrels of proven Venezuelan oil reserves through a partnership involving private businesses.

Trump called it “the biggest oil deal in world history” and said it would come at no cost to American taxpayers. He also claimed the agreement could more than double U.S. oil reserves and substantially reduce gasoline prices for Americans.

The announcement could have major implications for global energy markets, U.S.–Venezuela relations, inflation expectations, and the geopolitical balance around crude oil.

But the details still need to be verified. Markets will be watching for the official agreement, production plans, ownership terms, sanctions changes, and whether Venezuela can actually increase exports at scale.

For now, this is a major announcement—but not yet a fully explained or independently validated deal.

$USO.ETF
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