The White House disclosed a 100-year lease giving a private firm 17 Venezuelan oilfields with 65 billion barrels, while the US takes a 35% equity stake and 20% of output.

The deal could reshape global oil flows and test US sanctions policy, but critics see a giveaway of national assets.

Sen. Chris Van Hollen warns the 65-million-barrel deal endangers service members, calling it 'proof' of risk, not a victory.

The federal government's majority stake in a new joint venture makes it the world's second-largest holder of proven oil reserves, reshaping Washington's role in energy.

An unprecedented pact gives Washington oversight of Venezuela's vast oil reserves, a move the interim president says will revive the economy.

The White House says nothing yet. If the deal is real, it doubles American reserves and rewrites global oil math.

The surprise deal, brokered by Rubio and Hegseth, could reshape global oil markets - but key terms remain unclear.