Besides a social media post from President Donald Trump, the White House has said little about what he is calling "THE BIGGEST OIL DEAL IN WORLD HISTORY" in Venezuela.

Trump said the agreement announced Friday night would give the United States a stake in Venezuela's vast oil reserves, a step toward his goal of extracting energy from the country after American forces captured then-President Nicols Maduro in a middle-of-the-night raid in January and brought him to New York to face federal drug trafficking charges.

Venezuela's acting president, Delcy Rodrguez, described the deal as a step toward economic recovery that will modernize the country's oil industry.