Trump's Venezuela Oil Deal Explained | Phoenix News

Trump unveils a historic oil deal with Venezuela, promising to unlock 65 billion barrels and double U.S. reserves—potentially slashing gas prices. The U.S. would control 55% of new output via a private joint venture, injecting billions into Venezuela’s economy. But experts warn infrastructure repairs will take years. Sanctions lifted on Venezuela’s acting president come amid unresolved tensions and past U.S. corporate failures in the country. This bold move reshapes America’s energy future—but real benefits for consumers remain 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/d4aa3da5f3e70b6a