Venezuela Grants U.S.-Led Firm Century-Long Rights to 17 Oilfields

Venezuela has given a U.S.-led company 100-year rights to operate 17 oilfields holding over 65 billion barrels, more than a fifth of its reserves. Trump called it 'the biggest oil deal in world history,' claiming the U.S. and Venezuela together control over 60% of world oil. The century-long term raises questions over sovereignty and enforcement.