Trump’s “Historic Deal” With Venezuela Isn’t Fooling Oil Traders

Two days after President Trump called his new Venezuela agreement “the biggest oil deal in world history,” the story has already moved past the barrels themselves. A Pentagon spokesman contradicted the reported ownership structure. The company positioned to run the fields changed hands under murky circumstances just weeks before the deal was announced. And the revenue figures Caracas released over the weekend fall apart under basic math. Trump announced the deal Friday on Truth Social, saying Secretary of State Marco Rubio and Defense…