To play this video you need to enable JavaScript in your browser.This video can not be played
ClosePresident Donald Trump announced on Friday that the US has struck a deal with Venezuela to control more than 65 billion barrels of its proven oil reserves. The US president wrote that the agreement would more than double American oil reserves and "substantially lower gas prices for all Americans".
The BBC's Tom Bateman explains what the deal means and why critics are raising concerns.
Shareclose panelShare pageCopy linkAbout sharingRelated topicsDonald TrumpFollow Donald Trump
close panelYou are now following Donald TrumpUpdates from your News topics will appear in My News and in a collection on the News homepage.OilFollow Oil
close panelYou are now following OilUpdates from your News topics will appear in My News and in a collection on the News homepage.United StatesFollow United States
close panelYou are now following United StatesUpdates from your News topics will appear in My News and in a collection on the News homepage.VenezuelaFollow Venezuela