Venezuela Lets U.S.-Led Company Control 17 Oil Areas for 100 Years

Venezuela will let a U.S.-led company run 17 oil areas for 100 years, like a century-long lease. They hold over 65 billion barrels, over a fifth of its oil. Trump called it 'the biggest oil deal in world history,' saying together they hold over 60% of world oil. It is unclear who stays in charge and if the deal lasts.