Donald Trump announced he has landed the ‘biggest oil deal in world history’ following a deal with Venezuela.
The president revealed that he has secured control of more than 65 billion barrels of proven oil reserves in a move he says will slash gas prices for ordinary Americans.
Trump credited Secretary of State Marco Rubio and Secretary of War Pete Hegseth on brokering the deal with Interim President of Venezuela Delcy Rodriguez.
‘This Historic Transaction MORE THAN DOUBLES American Oil Reserves, greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans, long into the future, while helping to continue to set Venezuela on a course toward Tremendous Success and Great Prosperity,’ the president said on Truth Social on Friday.
Trump also promised the deal came at ‘no cost to the American taxpayer.’
‘This Transaction will greatly strengthen the already growing relationship between Venezuela and the United States!’ he added.
The deal was made along side private businesses, which Axios reported includes American oil firms.
It is the second agreement Trump has made with the new Venezuelan government since he captured the country’s former president Nicolas Maduro in January during Operation Absolute Resolve.