President Donald Trump announced that oil from a new agreement with Venezuela will be used to replenish the US Strategic Petroleum Reserve, which he claims is nearly empty due to previous administrations. The deal, described as “historic,” involves the transfer of 65 billion barrels of oil over 25 years, aimed at revitalizing Venezuela’s oil sector. Venezuelan interim President Delcy Rodriguez stated that the agreement will allow for significant investment in oil production while maintaining ownership of the resources.
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Trump announces plan to refill US petroleum reserves with Venezuelan oil
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