US poised for landmark stake in Venezuelan oil fields

The Trump administration is nearing a deal to gain an ownership stake in select Venezuelan oil fields, a move described as massive that could dramatically boost U.S. oil reserves by tapping Venezuela’s resources. Talks involve private American firms developing the fields and returning more revenue to Venezuela, with leadership from lawmakers like Rubio and Venezuela’s acting president Delcy Rodriguez; Energy Secretary Chris Wright is expected to be involved as talks continue, though the timing remains unclear.