A significant amount of oil reserves is now under majority US control. The amount in question is substantial, with over 65 billion barrels involved. This development came about through a partnership with private business and involvement from certain high-ranking officials.

Details about the arrangement are limited, with little information available on the extraction process. Venezuelan officials have not commented on the matter. The US administration has not provided further details on the partnership or the private businesses involved.

More information may be available from official sources, but for now, the specifics of the deal remain unclear. The announcement was made by President Donald Trump, who stated that the move was made at no cost to taxpayers.