Trump claims US just locked up 65B barrels of Venezuelan oil

President Donald Trump says the United States has secured majority control of more than 65 billion barrels of Venezuelan oil, a claim he posted on Truth Social on Friday as "THE BIGGEST OIL DEAL IN WORLD HISTORY." The deal, he wrote, was reached with interim Venezuelan President Delcy Rodríguez and private companies, and would come "at no cost to the American Taxpayer." Trump added that the transaction "MORE THAN DOUBLES American Oil Reserves" and would substantially lower gas prices. The White House has not released the agreement, named the participating companies, or explained how "control" is defined, how quickly the oil could reach global markets, or what the US actually gave up in return. That gap between the scale of the claim and the absence of detail is the story for anyone whose business runs on oil prices, energy policy, or Venezuela risk.