•The Trump administration is nearing a historic deal to gain ownership stakes in Venezuela's oil resources, which hold the world's largest proven reserves.
•Negotiations follow eight months after a US military raid in Caracas that removed Nicolás Maduro from power.
•The deal aims to double U.S. oil reserves and secure energy sources amid the Hormuz Strait crisis and the war in Ukraine.
•Top Iranian security official Mohsen Rezaei stated that Iran has set specific conditions for the reopening of the Strait of Hormuz to shipping traffic.
•BitGo Holdings announced it has entered into a definitive agreement and completed the acquisition of NYDIG's institutional trading business and related assets.
•The acquisition aims to expand BitGo's institutional service offerings in derivatives and financing capabilities.
•Following the transaction, NYDIG will focus its resources on power generation, bitcoin mining, and high-performance computing.