Trump says US will refill Strategic Petroleum Reserve using Venezuelan oil

(Reuters) US President Donald Trump said on Sunday that oil from a recently struck deal with Venezuela will be used to replenish the Strategic Petroleum Reserve, which has been drawn down sharply in recent years to respond to global supply disruptions and high fuel prices. Trump said in a social media post that the “topping out” process will begin shortly, describing the Venezuelan oil as a “Gift from Venezuela to the People of the United States.”

Trump says US will refill Strategic Petroleum Reserve using Venezuelan oil

Latest articles

Related articles