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U.S. President Donald Trump has signed a major oil deal with Venezuela, granting the United States access to over 65 billion barrels of Venezuelan oil reserves, which are the largest in the world, estimated at around 303 billion barrels. The agreement includes operational management of 17 to 21 oil fields with proven reserves totaling up to 90 billion barrels, and the U.S. will receive a 55% share of the production. The goal of the deal is to increase U.S. oil supplies, reduce gas prices, and strengthen relations with Venezuela. It is considered an important step in reshaping geopolitical influence in the region, especially amid rising gasoline prices and Middle Eastern tensions. However, the deal has faced opposition from some Venezuelan politicians, who consider it illegal and detrimental to the interests of the Venezuelan people.
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