What’s behind the US deal to seize control of Venezuelan oil reserves?

The United States has announced that it has secured control of a substantial portion of Venezuela’s vast oil reserves, after President Donald Trump pledged to “take back” the South American country’s energy resources.On Friday, Trump announced that his government and that of Venezuela’s interim President Delcy Rodriguez had reached a deal to give the US majority control over more than 65 billion barrels’ worth of proven oil reserves.Recommended Stories list of 3 itemslist 1 of 3Trump announces ‘biggest oil deal in world history’ with Venezuelalist 2 of 3US nears deal to secure stake in Venezuelan oil fields, insiders saylist 3 of 3Venezuela and Israel restore consular ties as relations warmend of listDetails remain unclear. But the deal will involve 17 strategic oil fields in Venezuela. The US government has said it will partner with a private business to extract the fuel.“The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!” Trump wrote in a social media post celebrating the announcement.What has been said so far, and what could the new deal mean for US-Venezuela relations? We answer those question...