The United States has reached a significant oil agreement with Venezuela, securing majority control over more than 65 billion barrels of the nation’s proven oil reserves. This represents approximately one-fifth of Venezuela’s total proven reserves. Former President Donald Trump announced the deal via his Truth Social platform, proclaiming it the “biggest oil deal in world history.” The agreement aims to bolster global oil supply, though details beyond the reserve control are currently limited. Venezuela’s interim President Delcy Rodríguez confirmed the deal's completion. This move signifies a shift in US policy toward Venezuela and its energy sector, potentially impacting global oil markets. The implications for international relations and future energy security are yet to be fully seen.