Donald Trump Secures Majority Control of Venezuelan Oil Reserves

President Donald Trump secured a deal with the government of Venezuela granting the United States majority control of more than 65 billion barrels of proven oil reserves. The agreement is expected to reshape global oil politics and shift supply dynamics, potentially altering investment flows and fuel price expectations.

While the move increases U.S. influence over global energy markets, investors remain uncertain about the speed at which the deal will impact pump prices. This uncertainty stems from potential political and operational friction associated with managing the reserves.