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Trump announces new US oil agreement with Venezuela
President Trump announced a new oil agreement with Venezuela that grants the United States majority control of 65 billion barrels of proven oil reserves at no taxpayer cost. The deal was negotiated by Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth in partnership with Venezuela's interim president Delcy Rodriguez and private business entities. This agreement represents a significant energy and geopolitical development between the two nations.
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