US nears deal to secure long-term access to Venezuela's oil reserves, sources say

Trump administration officials are working on a deal to secure long-term U.S. access to a portion of Venezuela’s crude reserves tied to the U.S. overseeing Venezuela’s oil exports, according to sources. No deal terms or volumes were disclosed, keeping near-term impact largely informational. The negotiations, if finalized, could affect expectations around future crude supply and related sanctions/export-control dynamics.