The United States has secured control over 65 million barrels of oil reserves in Venezuela, according to a recent agreement. US President Donald Trump stated the deal will lower gasoline prices “for all Americans” for years to come. This move comes as fuel prices in the US have risen by a third since the beginning of tensions with Iran. The agreement signifies a significant shift in US energy policy and its relationship with Venezuela. It aims to stabilize and potentially reduce costs at the pump for consumers across the nation. While details of the deal remain scarce, it represents a substantial acquisition of Venezuelan oil resources by the US. The impact on the global oil market and Venezuela’s economy remains to be seen.