The Oil Deal That Will Never Be President Trump's announcement that the US will take control of Venezuela's oil reserves has been met with skepticism and concern from experts and politicians alike.
On the surface, this deal seems like a masterstroke for Trump, who is facing mounting pressure to address high gas prices amidst the ongoing conflict in Iran.
The Trump administration's argument that Venezuela stole US oil when Hugo Chavez nationalized hundreds of foreign owned assets decades ago is a convenient rewriting of history.