The White House revealed the terms of the oil agreement with Venezuela, identifying the private company at the center of the deal. The agreement involves a significant amount of oil resources.
The United States will have access to more than 65 billion barrels of oil through this agreement. Trump promised that the U.S. would take "all" of Venezuela's oil resources mentioned in the agreement.
The agreement represents a significant shift in the relationship between the two countries in the energy sector. Venezuela has one of the largest oil reserves in the world, which makes this agreement particularly relevant to American economic interests.
