Trump Hails 'Historic' Deal for US to Control 65bn Barrels of Venezuela's Oil
31 Articles
31 Articles
(Washington = Yonhap News) Correspondent Baek Na-ri = U.S. President Donald Trump announced on the 30th (local time) that he would replenish the U.S. strategic petroleum reserves, which have plummeted, with Venezuelan oil...
EADaily, August 30, 2026, Venezuela's oil will add to the US strategic oil reserve, a statement made by United States President Donald Trump, reporting to RIA News.
‘Gift from Venezuela’: Donald Trump says oil deal will help refill ‘virtually emptied’ US strategic reserve
US President Trump announced a deal to secure Venezuelan oil for the US reserve. This oil will be used to refill the Strategic Petroleum Reserve. The agreement involves developing untapped oil fields in Venezuela. Significant investment is needed before Venezuelan production can increase. The immediate impact on US fuel prices remains unclear.
Trump's New Oil Deal With Venezuela Is Insane -- U.S. Now Controls 7.1% of Proven Global Reserves
A quiet deal with Venezuela just handed American interests control over tens of billions of barrels of proven reserves, reshaping the global energy map overnight. But the real story is what it means for investors and whether it can actually move the needle at the pump.
Trump says US will refill Strategic Petroleum Reserve using Venezuelan oil
U.S. 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.
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