US seizes control of Venezuela's oil fields

The US has seized control of Venezuela's oil fields, which hold the world's largest oil reserves, in a move by President Donald Trump. This action gives the US ownership of approximately 18% of global oil reserves, though Venezuela currently produces only 1.1% due to infrastructure issues and heavy oil. The long-term economic viability and geopolitical implications of this takeover remain uncertain, with analysts debating its impact on global oil markets and prices.