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Trump Announces Biggest Oil Deal in World History

The Great Oil Heist: What Trump's Venezuelan Deal Means for Small Businesses The latest development in US Venezuela relations has sent shockwaves through the global energy market.

President Trump's announcement of a deal securing majority US control over Venezuela's oil reserves appears to be a masterstroke of geopolitics, but closer scrutiny reveals a complex web of interests and implications.

The sheer scale of the agreement is staggering – 65 billion barrels of proven oil reserves are being handed over to American companies with minimal upfront costs.

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