Trump's Historic Venezuela Oil Deal | Tampa News

Trump unveils a historic oil deal with Venezuela, granting the U.S. control over 65 billion barrels of reserves—enough to more than double America’s oil stockpile and slash gas prices. The pact, covering 17 fields and backed by a 100-year development license, gives the U.S. a 55% stake in output via a new joint venture. While Venezuela’s interim leader welcomes the move as a lifeline, experts warn that infrastructure rebuilding will take years and won’t immediately lower pump prices. Lifting sanctions on Venezuela’s leader adds momentum, but U.S. oil giants may hesitate due to political risk and decades of decay. The deal’s long-term impact remains uncertain. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c2d4dcf24f91ed9b