Trump asserts he has secured majority control over a significant portion of Venezuela's oil reserves, with estimates suggesting the stake could be as high as 40% of the country's total reserves.
The announcement comes as Trump highlights his efforts to reassert influence in Latin America, with the move potentially signaling a shift in U.S. energy strategy and diplomatic engagement with Venezuela.
The development could impact international energy markets and U.S. foreign policy in the region, particularly as it relates to sanctions and trade agreements involving Venezuelan oil.
The exact extent of U.S. control and the legal basis for the claim remain unclear, with differing accounts from the three publisher pages highlighting unresolved legal and operational questions.