The United States has secured an agreement with Venezuela for control of over 65 billion barrels of crude reserves. Announced by the White House, the deal aims to ensure a steady supply of low-cost oil to American markets. Secretary of State Marco Rubio and Defense Secretary Pete Hegseth were key signatories.

The agreement has faced criticism from Venezuelan opposition and hard-liners, who argue it legitimizes the Maduro regime despite ongoing drug-trafficking trials. Proponents highlight the strategic benefit of stabilizing energy prices and securing domestic supply chains. The pact represents a significant shift in hemispheric energy dynamics, leveraging Venezuela's vast resources to benefit US industry.

Analysts suggest the deal could reshape global oil trade patterns, offering a new source of affordable feedstock while navigating complex geopolitical tensions between Washington and Caracas.